agree or disagree with the below statement and explain why. thank you!

A term sheet is usually (not always) drafted by the investor should be signed with a defined date that it needs to be accepted by. Once signed and return the deal is final though technically it is non-binding; lawyers go back and forth on documents that will be signed at closing. You can decline the terms and say you be willing to do another deal at, but the invest could also walk away or present you with another term sheet . You can talk to other investors while waiting for the term sheet, but investor know this already, so they try and get back to you fast. There are four key clauses; deal economics, governance management and control, investor rights and protection, and exits and liquidity It is very important to understand what you are reading in these contracts because once you sign, there is no going back. Having a lawyer by your side is advisable.