________ Refers to an Equitable Doctrine That Permits the Court

question 51

Multiple Choice

________ refers to an equitable doctrine that permits the court to rewrite a contract to express the parties' true intentions.

• A) Reformation
• B) Injunction
• C) Conjunction
• D) Garnishment

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Definitions:

Ask Price

The lowest price at which a seller is willing to sell a security or commodity.

Semi-annual

Occurring twice a year; a term often used in finance to describe payments or interest calculations that happen twice within a year.

Coupon Bond

A type of bond that pays the holder interest at fixed intervals through coupons.

Par Value

The face value of a bond or stock, representing the amount that the issuing company agrees to pay at maturity or the value on which dividend payments are calculated.