Question: Please answer and kindly explain. The term sheet is becoming increasingly popular in real estate development and brokerage negotiations because it: A. is the only

Please answer and kindly explain.

The term sheet is becoming increasingly popular in real estate development and brokerage negotiations because it:

A. is the only legal document the government of Canada accepts when negotiating a formal lease

B. is helpful in negotiating complicated leases, as it provides the flexibility for parties to achieve mutual benefits

C. outlines the terms and conditions for securities' offerings and venture financing

D. is a formal agreement and is legally binding

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