A fundamental flaw of the LOI, lies in what Vasilios J. Kalogredis, a Wayne, Pennsylvania attorney, calls "the uncertainty and potential risk of any such undertaking." Kalogredisis, a business contract law expert, explains it this way:
At the end you should sign off with "sincerely yours" or any other related salutation. If you are applying for a particular job then you need to create letter of intent that contains the following. First of all mention your name, address and contact number.