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  2. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    A demand letter, letter of demand, [ 1] (of payment), or letter before claim, [ 2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong. Although demand letters are not legally required ...

  3. Demand guarantee - Wikipedia

    en.wikipedia.org/wiki/Demand_guarantee

    A demand guarantee is a guarantee that must be honoured by the guarantor upon beneficiary 's demand. The beneficiary is not required to first make a claim or take any action against the obligor of the guaranteed obligation that the guarantee supports. A demand guarantee is enforceable notwithstanding any deficiencies in the enforceability of ...

  4. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    Image 1: After a contract is concluded between a buyer and a seller, the buyer's bank supplies a letter of credit to the seller. Image 2: The seller consigns the goods to a carrier in exchange for a bill of lading. Image 3: The seller provides the bill of lading to the bank in exchange for payment. The seller's bank then provides the bill to ...

  5. How a ‘robot lawyer’ could help you get unbanned from social ...

    www.engadget.com/do-not-pay-unban-social-media...

    The letter also includes a deadline for the company to respond. ... There’s also the fact that sending a legal demand letter can cause a much bigger headache for a company than ranting to ...

  6. Goodwill letters: How to get late payments removed from your ...

    www.aol.com/finance/goodwill-letters-payments...

    A goodwill letter is a formal letter to a creditor or lender, such as a bank or credit card company, to request forgiveness for a late payment or other negative item on your credit report. In the ...

  7. Promissory note - Wikipedia

    en.wikipedia.org/wiki/Promissory_note

    A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee ), either at a fixed or determinable future time or on demand of the payee ...

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