If One Party Defaults in a Swap, It Does Not

question 22

True/False

If one party defaults in a swap, it does not release the other party from its obligation.

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Definitions:

Existential Generalization

A principle in logic where from a specific case, one infers the existence of cases or a generic form.

Quantifier Negation

The process of negating the quantifiers in logical expressions, effectively altering the scope and meaning of the statement.

Universal Generalization

A principle in logic and mathematics that allows for the formulation of a general statement from the observation of particular instances.

Existential Instantiation

A logical rule asserting that if an existential statement is true, there is at least one specific instance of its subject that satisfies its predicate.