Examlex
Which of the following terms means that during periods when interest rates change substantially, bondholders experience distinct gains and losses in their bond investments?
Contracts
Legal agreements between two or more parties that create mutual obligations enforceable by law.
Contract For A Necessary
An agreement to supply goods or services that are essential for an individual's health or welfare, often enforceable even when entered by minors.
Basic Needs
Essential requirements for humans to survive and maintain health, typically including food, water, shelter, and clothing.
Voidable
describes a contract or transaction that is valid and enforceable on its face, but may be deemed void by one or more of the parties due to certain conditions.
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