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Business Offer Letter

oboloo Glossary

Business Offer Letter

A Business Offer Letter is a formal document sent from one business to another that outlines the terms of a proposed agreement. It is often used for commercial purposes, such as when setting up a long-term partnership or a contract manufacturing arrangement. A Business Offer Letter typically includes details such as: the types of goods or services to be provided; pricing information; payment terms; delivery times; any applicable guarantees and warranties; and any other clauses deemed necessary. This letter also serves as an official record that can help businesses stay organized and protect their interests if anything goes wrong. By clearly laying out the terms of the agreement, a Business Offer Letter acts as a valuable legal document for both parties.

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