Examlex
If the dollar price of a bond is $7,500 and the face value of the bond is $8,000,the interest rate is equal to
Principals
The main parties involved in a business transaction or agreement, usually responsible for entering into a contract.
Agent
An individual or entity authorized to act on behalf of another (the principal) in transactions or other matters.
Duty Of Obedience
The requirement for directors and officers of an organization to act in accordance with its goals and directives.
Clearly Stated
Expressed in a manner that leaves no doubt about the meaning or intentions.
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