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  2. Agency agreement - Wikipedia

    en.wikipedia.org/wiki/Agency_agreement

    An agency agreement is a legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had himself personally made the later agreements.

  3. Recital (law) - Wikipedia

    en.wikipedia.org/wiki/Recital_(law)

    In law, a recital (from Latin: recitare, "to read out" [1]) consists of an account or repetition of the details of some act, proceeding or fact. Particularly, in law, that part of a legal document—such as a lease , which contains a statement of certain facts—contains the purpose for which the deed is made.

  4. Managing general agent - Wikipedia

    en.wikipedia.org/wiki/Managing_general_agent

    In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".

  5. Parents regret taking out $150K whole life insurance policy ...

    www.aol.com/finance/parents-regret-taking-150k...

    For some parents, taking out a whole life insurance policy on their child can seem like a good investment — but there are a few factors that should be considered first. ... If the surrender fee ...

  6. Heads of terms - Wikipedia

    en.wikipedia.org/wiki/Heads_of_terms

    A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.

  7. How Can I Buy Life Insurance For My Parents? - AOL

    www.aol.com/finance/buy-life-insurance-parents...

    You may want to buy a life insurance policy covering your parents and naming you as a beneficiary if you expect a significant financial impact from their deaths. Insuring a parent's life can pay ...

  8. Should you pay car insurance in installments? - AOL

    www.aol.com/finance/pay-car-insurance...

    An insurance company can set its own installment fee amount, even if the installment fee is higher than what the company is being charged to process your payment. Consider potential savings

  9. United States contract law - Wikipedia

    en.wikipedia.org/wiki/United_States_contract_law

    An acceptance is an agreement, by express act or implied from conduct, to the terms of an offer, including the prescribed manner of acceptance, so that an enforceable contract is formed. [ 2 ] In what is known as a battle of the forms , when the process of offer and acceptance is not followed, it is still possible to have an enforceable ...