Question: As discussed in class, a term sheet is not a contract due to the following reason: Multiple Choice It lacks mutual promises as consideration. The

As discussed in class, a term sheet is not a contract due to the following reason:
Multiple Choice
It lacks mutual promises as consideration.
The terms are not material.
The term sheet lacks recitals.
The term sheet needs to be in writing.
As discussed in class, a term sheet is not a contract

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