Assignment Questions Business letters are usually considered as formal letters and very effective in terms of business business or aspects. Business letters are also an important part of any profession. Various types of business letters are used by different people to serve their purpose of sending the message across. Business people have to communicate with the employees or managers, suppliers, debtors, creditors, customers and with other concerned parties to exchange information. Business letters are basically used to communicate with the above parties. How do you understand a business letter? Explain how many types of business letters are there? Write down a business letter to communicate with people who relate business for case