Outline of Material Business Terms. The Letter of Intentâs primary purpose is to outline the non-binding agreement of the parties to. material business terms without which the parties would not proceed to spend further time, energy.
A prÃ©cis is a brief summary of a book, article, speech, or other text. Plural: prÃ©cis. The basic characteristics of an effective prÃ©cis are conciseness, clarity, completeness, unity, and coherence.
/preÂ·curÂ·sor/ (preÂ´kur-ser) something that precedes. In biological processes, a substance from which another, usually more active or mature, substance is formed. In clinical medicine, a sign or symptom that heralds another.precurÂ´sory.he storm increase, the flashes succeeded one another more rapidly, the thunder began to growl, and the wind, the precursor of a hurricane, whistled in the plumes and the hair of the horsemen.