Formal acceptance of a position or award by the successful candidate using written communication. Details of a position including salary perquisites starting date location of the reporting office and the name of the superior to whom the candidate will be reporting are typical detail to insure that the candidate has this information correct.. … [Read more...]
LESSER CRIME
A crime of a lesser nature that are a component of a higher offense, e.g. the crime of murder may also include the crime of battery, an unlawful touching. Typically, lesser crimes are not included in the criminal charges brought. … [Read more...]
LETTER OF ADVICE
comm. law. A letter containing information of any circumstances unknown to the person to whom it is written; generally informing him of some act done by the writer of the letter. 2. It is usual and perfectly proper for the drawer of a bill of exchange to write a letter of advice to the drawee, as well to prevent fraud or alteration of the bill, as to let the drawee know what … [Read more...]
LESSER INCLUDED OFFENSE
When charged with two crimes, this refers to the offense of less severity that is included with another that is more severe. They are related and the violation of one means, by definition, the violation of the lesser included offense. … [Read more...]
LETTER OF AGREEMENT
Usually nonbinding, a letter which contains all the essential points of agreement between two or more entities, usually signed and with a clause that the LOA is nonbinding and will be formalized in a structured agreement. Similar to a formalized term sheet, the LOA is a point of agreement and sign of good faith attempts to move forward on a business agreement. … [Read more...]