Business Studies, asked by sumitjaat3, 1 year ago

what is LOU?? plzzz tell me fast

Answers

Answered by Hariprakassh11122003
1
Letter of Understanding or LOU is a formal text that sums up the terms and understanding of a contract which mostly has been negotiated up to this point only in spoken form.
Answered by Gaurav1103
1
A Letter of Understanding or LOU is a formal text that sums up the terms and understanding of a contract which mostly has been negotiated up to this point only in spoken form.
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