Tag: agreement

Understanding the Settlement Process in Personal Injury Law

Personal injury law is a legal field that deals with cases where an individual suffers harm or injury due to someone else's negligence or...

Kyoto Protocol

DefinitionThe Kyoto Protocol is an international treaty which extends the 1992 United Nations Framework Convention on Climate Change that commits state parties to reduce...
Keepwell Agreement

Keepwell Agreement

What is a Keepwell Agreement A Keepwell Agreement is a contract between a parent company and its subsidiary stating that the subsidiary will not be...

Hedge Clause

What is 'Hedge Clause' A provision included in published financial reports that indemnifies the author, or authors, against any responsibility for any...

Heads Of Agreement

What is 'Heads Of Agreement' A non-binding document outlining the main issues relevant to a tentative partnership agreement. Heads of agreement represents...

Yearly Renewable Term Plan of Reinsurance

What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...
Implied Authority

Implied Authority

What is implied authority and how can it help your business Implied authority is a legal concept that applies to businesses and other organizations. It...

In Escrow

What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred...
Implied Warranty Of Habitability

Implied Warranty Of Habitability

The implied warranty of habitability is a legal doctrine that requires landlords to ensure that their rental properties are fit for human habitation. If...

Offer In Compromise

DefinitionThe Offer in Compromise program, in the United States, is an Internal Revenue Service program under which allows qualified individuals with an unpaid tax...

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