Use the following statements to answer this question:
I.A letter of intent is a preliminary sale agreement.
II.The break fee is the amount paid after the diligence process is complete.
A)I and II are both correct.
B)I and II are both incorrect.
C)I is correct and II is incorrect.
D)I is incorrect and II is correct.

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The Answer of Use the following statements to answer this question:
I.A letter of intent is a preliminary sale agreement.
II.The break fee is the amount paid after the diligence process is complete.
A)I and II are both correct.
B)I and II are both incorrect.
C)I is correct and II is incorrect.
D)I is incorrect and II is correct.

Use the Following Statements to Answer This Question