Daily Archives: April 15, 2022

What Is Head of Agreement

In Canada, the equivalent of heads of agreement is the letter of intent. The Canadian legal system recognizes two types of letters of intentLetter of Intent (LOI)Download the CFI`s Model Letter of Intent (LOI). A letter of intent describes the terms and arrangements for a transaction prior to the signing of final documents. Key…

What Is Condition for Leap Year

Because the Earth rotates about 365.242375 times a year. Years consisting of 12 months have between 353 and 355 days. In a k`sidra (“ok”) year of 354 days, the months alternate 30 and 29 days. In a year of pursuit (“missing”), the month of Kislev is reduced to 29 days. In a malei (“filled”)…