Learn how a transferable letter of credit enables a primary beneficiary to transfer credit to others, securing payments for ...

Discover the meaning of adverse actions in finance and employment, learn how they affect credit and job applications, and explore practical examples and your legal rights.

A letter of intent is often used to confirm the mutual understanding of a prospective deal — in other words, the prelude to a full-blown agreement. All parties involved, however, should be aware that ...

Private letter rulings, commonly known as "guidances," are the bane of tax attorneys everywhere. They are very specific, vast in number and essential to understanding how tax law works. In brief, it's ...