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This tutorial teaches viewers how to write a contract termination letter, a formal notice sent between firms to end a contract. It emphasizes starting with personal information, which can be formatted as a header or aligned to the left. The letter should include the full name, home address (number, street name, city, state, zip code), phone number (with area code), and email address. Additional contact information is optional. Following this, the letter must contain information about the recipient and further details related to the termination of the contract. The video provides a step-by-step guide for a clear and professional approach to this business correspondence.