Founder Bob T. Builder signed a Term Sheet with Vulture Venture Partners. The term sheet included a No-Shop provision. Which of the following statements is true?

A. Term sheets are non-binding agreements to agree and no provisions are enforceable.

B. The term sheet is a binding agreement and Builder must complete a transaction with Vulture.

C. The No Shop Provision in the Term Sheet is non-binding, so Builder is free to seek a better deal from other potential investors.

D. The price per share agreed to in the term sheet is binding on both parties.

E. The No Shop Provision is the only binding provision in the agreement (other than the agreement to pay legal fees).