1 rich Libsyn https://www.libsyn.com 90 600 Business deals and transactions often start with what is known as a &quot;letter of intent.&quot; Other names for this foundational business document is a &quot;memorandum of understanding&quot; or a &quot;term sheet.&quot; But what is a letter of intent really? And more importantly, is it a binding contract? Listen to today's episode of Business is More Exciting Than Any Game to learn more. Business is More Exciting Than Any Game https://excitingbusiness.libsyn.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/21987395/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/21987395