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Business letters are formal and versatile, used for requests, announcements, cover letters, and more. Block format is common, with left-justified text, single spacing, and double spaces between paragraphs. Include sender's address, date, recipient's details, and a proper greeting with title and last name. In the body, introduce yourself and main point in the first paragraph, with following paragraphs providing details. Stay concise and organized for a polished and legible letter presentation.