Examlex
A(n) _____________requires that each partner act in good faith for the benefit of the partnership.
Antilapse Clause
A provision in a will or estate plan that specifies what happens to a gift if the beneficiary predeceases the donor, often allowing the gift to pass to the beneficiary's heirs.
Incontestability Clause
A part of an insurance contract that precludes an insurance company from challenging statements in an insurance application after a certain period of time.
State Mandated
Requirements or actions imposed by state governments that must be complied with by individuals or entities within that state.
Premium
An insurance payment.
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