Examlex
Use the following two columns of items to answer the matching questions below:
-insurance company
A)nondepository institutions that facilitate the purchase and sale of securities by firms or individuals
B)financial institutions that accept deposits and provide loans
C)financial institutions that offer a diverse set of services
D)a nondepository institution that sells shares to individuals and uses the proceeds to invest in securities and create a mutual fund
E)a nondepository institution that provides insurance to protect against adverse events
F)a nondepository institution that specializes in providing personal loans
Counteroffer
A response to an initial offer, modifying its terms, which effectively rejects the original offer and presents a new one for consideration.
Rejection
In contract law, rejection refers to the refusal to accept an offer or a performance that does not conform to the terms of the contract, effectively terminating the offer.
Subject Matter
The specific topic, content, or area of focus of a discussion, study, or document.
Impossibility of Fact
A situation where the completion of a contractual duty or obligation cannot occur due to unforeseen and unavoidable factual circumstances.
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