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- W1585265077 abstract "INTRODUCTION 1238 I. LOIS FROM BUSINESS AND LEGAL PERSPECTIVES 1240 A. LOIs from a Business Perspective 1240 B. LOIs from a Legal Perspective 1241 1. Lawyers’ Perceptions of LOIs 1241 2. LOIs and Traditional Contract Doctrine 1242 3. Courts Have Struggled to Interpret LOIs 1244 II. THEORETICAL JUSTIFICATIONS FOR THE USE OF LOIS DESPITE THEIR LEGAL UNCERTAINTY 1249 A. Reputational Consequences of Noncompliance 1249 B. Strength of Moral Obligations 1250 C. Simplifying Complex Negotiations 1251 D. Securities Laws and Financing 1252 III. COMPARISON WITH OTHER NONBINDING AGREEMENTS ....... 1252 IV. LOIS AS A FORM OF HOSTAGE EXCHANGE 1254 A. The Hostage Theory 1254 B. LOIs as a Form of Hostage Exchange 1256 CONCLUSION 1259" @default.
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- W1585265077 date "2014-01-01" @default.
- W1585265077 modified "2023-09-23" @default.
- W1585265077 title "Letters of Intent in Corporate Negotiations: Using Hostage Exchanges and Legal Uncertainty to Promote Compliance" @default.
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