Color Palette:

1. Color Name: White
   Hex Code: 
                            
                            #FFFFFF
                        
   Description: Represents purity, cleanliness, and simplicity.

2. Color Name: Black
   Hex Code: 
                            
                            #000000
                        
   Description: Symbolizes elegance, formality, and sophistication.

3. Color Name: Yellow
   Hex Code: 
                            
                            #FFD700
                        
   Description: Signifies energy, warmth, and positivity.

4. Color Name: Red
   Hex Code: 
                            
                            #FF0000
                        
   Description: Evokes passion, excitement, and urgency.