CompTIA Project+ (PK0-004) — Question 231

A company has been trying to implement a product with multiple challenges for more than two years. Both the company and the vendor mutually agree to cancel the project. Which of the following should be issued?

Answer options

• A. MOU
• B. LOI
• C. NDA
• D. C&D

Correct answer: B

Explanation

A Letter of Intent (LOI) is used to outline the agreement to cancel the project formally. An MOU (Memorandum of Understanding) typically serves to establish a mutual understanding but does not specifically cancel a project. An NDA (Non-Disclosure Agreement) is focused on confidentiality, while C&D (Cease and Desist) is not applicable in this context.