Series 26: Letter Of Intent (LOI)

Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam

Definition of the term Letter Of Intent (LOI)...

a non-binding agreement to agree, indicating an intention to finalize a deal or take a certain action at a later date, subject to due diligence, or fulfillment of certain conditions.

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Solomon Exam Prep Study Materials for the Series 26
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