Terms Used In Florida Regulations > Chapter 14-24 - Prompt Settlement or Legal Defense of Claims and Disqualification for Failure to Settle Claims

• Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
• Contract: A legal written agreement that becomes binding when signed.
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.