Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.

Breach of contract on sales of goods can only occur if the sale involves a legally binding purchase contract between a buyer and a seller. Purchase agreements can be absolute or conditional, meaning ...

A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Bob Musinski has written about a variety of financial-related topics – including personal and business loans, credit cards and personal credit – for publications such as U.S. News and World Report. He ...

For many people, it can be hard to put concepts into action and understand theoretical discussions in a tangible way. As a continuation of Part 1 of The Art of NFL Contracts, it is time to put those ...

Forward contracts hedge risk by locking in future asset prices. Unlike futures, forward contracts are private, non-tradeable agreements. Forward deals can lead to gains or losses, depending on market ...

Beware the fine print is the oft-repeated expression heard in almost any deal or contract negotiation. It’s good advice that too often is ignored in daily life and job situations—especially among ...