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Only certain aspects are binding due to what you state.....

Posted on: March 22, 2017 at 22:30:14 CT
STL1DFW STL
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Generally speaking, a LOI is a statement of intent to agree to what 2 or more parties will agree to if they formalize the Agreement.

However, in the case of Exclusivity &/of Confidentiality you have formalized those clauses by their very presence. In other word, Consideration is present.
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Is An LOI Considered a Contract? - Laker10 MU - 3/22 21:09:12
     Research the LOI system, it's totally one sided - nm - ScottsdaleTiger MU - 3/22 22:46:19
          It does obligate the school, as well(nm) - STL1DFW STL - 3/22 23:07:44
               To do what? Nm - ScottsdaleTiger MU - 3/22 23:13:46
                    RE: To do what? Nm - STL1DFW STL - 3/22 23:18:31
     Here's the link to the LOI home page - ScottsdaleTiger MU - 3/22 22:36:36
     The signature of a Legal Guardian is, of course, a - STL1DFW STL - 3/22 22:31:36
          An LOI doesn't bind the school to anything - ScottsdaleTiger MU - 3/22 22:38:33
               You misinterpreted what I said. It most certainly does - STL1DFW STL - 3/22 23:03:34
     It is not a contract. Contract law does not apply. - ScottsdaleTiger MU - 3/22 21:49:05
          Exclusivity Clauses & Confidentiality Clauses are Legally - STL1DFW STL - 3/22 22:27:08
               What consideration does the kid get? nm - ScottsdaleTiger MU - 3/22 22:39:19
                    A spot on the roster held for him, as well as, a prospective - STL1DFW STL - 3/22 23:05:18
          If it is Not a Contract - Laker10 MU - 3/22 22:00:47
               It's the LOI's rules - ScottsdaleTiger MU - 3/22 22:32:25
          RE: It is not a contract. Contract law does not apply. - lhs MU - 3/22 21:58:48
               Research it, an LOI doesn't bind a school to anything - ScottsdaleTiger MU - 3/22 22:44:31
                    Yes it does. It binds the school to an Exclusivity - STL1DFW STL - 3/22 23:18:05
               Only certain aspects are binding due to what you state..... - STL1DFW STL - 3/22 22:30:14
                    A kid's remedies if the school says, sorry, don't want u? - ScottsdaleTiger MU - 3/22 22:42:34
                         No, I'm saying a kid can enforce the school's commitment - STL1DFW STL - 3/22 23:06:59
          Requirement that one parent cosign is part of the LOI rules - ScottsdaleTiger MU - 3/22 21:53:59
     parents sign. there was a guy I think in Miami - Erwin Fletcher STL - 3/22 21:28:18
     Nm - NoBeaksNoNubs STL - 3/22 21:26:45
          Yes they do sign. (nm) - Erwin Fletcher STL - 3/22 21:30:28
     If the kid told a school he just wouldn't play for them even - GA Tiger MU - 3/22 21:20:20
     Like you said I think that's why the parent/guardian must - bcoop199 KC - 3/22 21:10:53
          I remember a few years ago a kid was signing with arky (fb) - Ron Swanson MU - 3/22 21:22:53
               here's the link, I forgot it was Alex Collins - Ron Swanson MU - 3/22 21:45:15
               Landon Collins signing with Bama instead of LSU. His mom's - CoolBreeze22 MU - 3/22 21:33:50
                    lol, that was great too(nm) - Ron Swanson MU - 3/22 21:36:16




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