Contract Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore
Common Law Principles: FouNDAtional principles from case law regarding contract formation, including offer, acceptance, consideration, and intention to create legal relations
Singapore Case Law on LOIs: Precedents set by Singapore courts specifically dealing with Letters of Intent and their interpretation
Electronic Transactions Act: Legislation governing the validity and enforceability of electronic communications and contracts
Evidence Act: Rules regarding admissibility of documents, including Letters of Intent, in legal proceedings
Misrepresentation Act: Law governing false statements or misrepresentations made during contract formation
Unfair Contract Terms Act: Legislation controlling the use of unfair terms in contracts and ensuring enforceability
Personal Data Protection Act 2012: Framework for protection of personal data, relevant if the LOI involves handling of personal information
Legal Binding Status: Clear indication of whether the LOI is intended to be legally binding or non-binding
Expression of Intent: Clear and unambiguous statement of the parties' intentions and objectives
Certainty of Terms: Ensuring all key terms are sufficiently clear and certain to be enforceable
Confidentiality Provisions: Terms governing the protection and non-disclosure of sensitive information
Duration and Termination: Clear specifications about the time period of the LOI and how it can be terminated
Dispute Resolution: Mechanisms for resolving any disputes that may arise under the LOI
