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.
preceptor An instructor or specialist who teaches, counsels, and serves as a role model and supports the growth and development of an initiate in a particular discipline for a limited time, with the specific purpose of socialising the novice in a new role. Preceptors fill the same role as mentors, but for a more limited time frame. preÂ·cepÂ·tor