A 'comfort letter' is:
A) A letter from the executor of an estate to the deceased person's beneficiaries advising as to the distribution of the estate.
B) A letter from a solicitor to their clients advising the clients as to their rights and remedies under the law.
C) A letter from a third party assuring a lender about the borrower's ability to repay a loan.
D) A letter from an offeree confirming acceptance of an offer.
Correct Answer:
Verified
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