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A business letter is a letter from one company to another, or such organizations and their customers, clients, or other external parties. The overall style of letter depends on the relationship between the parties concerned.
Spencerian script is a script style based on Copperplate script that was used in the United States from approximately 1850 to 1925, and was considered the American de facto standard writing style for business correspondence prior to the widespread adoption of the typewriter.
A business proposal is a written offer from a seller to a prospective sponsor. Business proposals are often a key step in the complex sales process—i.e., whenever a buyer considers more than price in a purchase.
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A letter provides an immediate, and in principle permanent, physical record of communication, without the need for printing. Letters, especially those with a signature and/or on an organization's own notepaper, are more difficult to falsify than is an email, and thus provide much better evidence of the contents of the communication.
Examples of internal business writing include email messages, memos, and reports while some examples of external business writing are letters and email messages.