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Due process requires that a hearing generally be held before an agency may make a judicial decision:
Late Charges
Fees imposed for not meeting the payment deadlines as stipulated in a contract or agreement.
Option Contract
A contract granting the holder the right, but not the obligation, to buy or sell an asset at a specified price within a set period.
Consideration
Something of value exchanged by parties that forms the basis of a contract, making it legally binding.
Final Decision
The conclusive judgment or resolution made by a court at the end of a lawsuit, arbitration, or other legal or administrative process, typically resolving the matter.
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