Reading Into Quid Pro Quo.

Quid pro quo is a Latin phrase that means “something for something.” In business, quid pro quo refers to the exchange of goods or services for other goods or services of equal value. For example, a company might offer a discount to customers who purchase a certain amount of product. In this case, the company … Read more

Insurance Bond.

An insurance bond is a type of surety bond that is typically used to protect an insurance company from losses that may be incurred as a result of the insured party’s failure to meet their obligations. Insurance bonds are also sometimes used to protect the insured party from losses that may be incurred as a … Read more