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What are the two possible types of contract that may result from a letter of intent?

atch the media clip “British Steel v Cleveland Bridge (1984)”and answer the following questions:1. What was the key issue arising from the facts and outcome of the case?2.Whywas it important for Cleveland Bridge and Engineering Co Ltd (CBE) to establish that there was a contract?3.What did the judge think should be looked at to decide whether or not a contract has come into existence? 4.What are the two possible types of contract that may result from a letter of intent?5.Had either type of contract come into existence?

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