Singapore Contract Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore
Common Law Principles: Fundamental principles of contract formation including offer, acceptance, consideration, and intention to create legal relations
Companies Act (Cap. 50): Main legislation governing company operations and corporate matters in Singapore
Business Registration Act (Cap. 32): Legislation governing business registration and related requirements in Singapore
Competition Act (Cap. 50B): Legislation relevant for LOIs involving potential mergers, acquisitions, or competitive matters
Securities and Futures Act: Relevant when LOI involves financial services or securities-related transactions
Employment Act: Applicable when LOI involves employment-related matters or workforce considerations
Binding vs. Non-binding Provisions: Legal consideration regarding which clauses in the LOI are intended to be legally binding
Confidentiality Requirements: Legal provisions for protecting confidential information shared during the LOI process
Exclusivity Provisions: Legal framework for any exclusive dealing arrangements specified in the LOI
Duration and Termination: Legal requirements for specifying the time period and conditions for terminating the LOI
Cross-border Regulations: International legal considerations if the LOI involves cross-border elements
Dispute Resolution: Legal framework for handling disputes, including choice of jurisdiction and resolution mechanisms
