Advance pricing is a pricing agreement negotiated before a working relationship begins, commonly used in commercial and tax contracts. It can involve penalties for not meeting minimum business volumes, and there are two types: bilateral and unilateral. Advance pricing is a type of pricing agreement between two parties that is negotiated and agreed upon at […]
An advance directive is a legal document that designates a person to make medical decisions for you if you are unable to do so. It can include a living will and power of attorney, and anyone over 18 can create one. It can be changed at any time by the person who created it. An […]
An advance health care directive outlines an individual’s health care plans if they cannot make decisions. It appoints a person to make decisions and is filed with the government. There are two parts: treatment instructions and appointing a healthcare worker. Forms are completed, signed, notarized, and given to relevant parties. An advance health care directive […]
Advance parole is a travel document for non-permanent residents of the US to leave and return. It’s obtained by filing Form I-131 and paying a fee. Failure to obtain it may result in abandonment of applications with USCIS. It’s not a guarantee to re-enter the US and illegal materials can lead to being barred. Applications […]
Anticipated breach is when one party explicitly or implicitly states they will not perform a contract, releasing the other party from the contract. The performing party may sue for damages. Anticipatory repudiation is also known as early breach. Consult a lawyer if a contract needs to be broken. An anticipated breach is a form of […]
An advance sheet is a cheap booklet containing recent court decisions, which can be useful for citing opinions in legal arguments. The final version is a bound volume, which may differ from the advance sheet. Advance sheets are not meant to last long and can be obtained from official printers or online. An advance sheet […]
Military cash advances are easier and more affordable than civilian cash advances, with a maximum APR of 36%. Members of the military only need a military ID, a checking account, and a personal check to get a military cash advance. It’s important to decide how much to borrow and whether it can be repaid in […]
Direct deposit cash advances provide quick access to short-term loans, but typically charge high financing fees ranging from 300 to 1,000 percent. Borrowers must allow access to their bank account for automatic repayment, and extending the loan can result in even higher fees. From time to time, some people run out of money long before […]
An advance payment bond is an agreement between a business and a service provider that guarantees the return of any advance payment if the provider fails to meet their obligations. This protects the customer’s investment in case of unforeseen circumstances. It is commonly used in construction projects and the amount decreases as the project progresses. […]
A business cash advance is a loan based on credit card factoring, where the lender provides a lump sum in exchange for a percentage of daily credit and debit card sales. It’s an alternative to traditional business loans and is easier to qualify for, but has higher fees and interest rates. A business cash advance […]
Cash advance fees are charged when a credit card holder withdraws cash from an ATM, with fees ranging from 2-4%. Some credit card companies charge additional interest and do not offer grace periods on cash advances. Payments are often applied to purchases first, leading to increased interest for those carrying balances. Cash advances should only […]
An advance rate is a percentage of an asset’s value used by lenders to determine the amount of a loan or line of credit for a borrower, based on financial condition and collateral value, reducing risk for the lender and providing benefits for the borrower. An advance rate is a percentage of an asset’s value […]
Direct deposit cash advances provide quick access to short-term loans, but come with high financing fees ranging from 300 to 1,000 percent. Borrowers must repay the loan through automatic withdrawals from their bank account, and extending the loan can lead to even higher fees and financial hardship. Occasionally, some people run out of money long […]
