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Both Australia and Singapore are common law countries .Singatron and Semicontronicsconclude their first round of negotiations with a letter of intent (LOI).If the deal falls

Both Australia and Singapore are common law countries .Singatron and Semicontronicsconclude their first round of negotiations with a letter of intent (LOI).If the deal falls through ,will either party be bound to their commitments as detailed in the LOI ?What can the parties doto limit the obligations to the terms of LOI?

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