Words containing an apostrophe to replace a letter could be classed as informal English, for example: I've instead of I have, shouldn't instead of should not, etc.
In correspondence, Hi Jim ... Best wishes could be classed as informal English, whereas Dear Sir ... Yours faithfully would be formal.
Formal Dear Sir: Please mail a copy of your book to the following address.
Informal Yo, dude, slip these guys one of your things, ok?
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