PillPharm is negotiating a deal with Happy Valley Health (HVH), for the sale of PhillPharm's latest health supplement. PillPharm would like to package its supplements in bottles produced by Frank, but Frank says he will not enter into a contract with PillPharm until the HVH contract is finalized. HVH has sent PillPharm a letter of intent but Frank thinks it is too vague and refuses to enter into an agreement with PillPharm. What should PillPharm do?
a. Send HVH its own letter of intent, stating that they do have a binding agreement.
b. Tell Frank that it has a contract with HVH.
c. Sue Frank because he is acting in bad faith.
d. Ask HVH for a less ambiguous letter of intent