Examlex
What does it mean for a bond to sell at a premium?
Contractual Liability
Contractual liability involves obligations that a party has agreed to assume in a contract, making them legally responsible for fulfilling the terms of the agreement.
Transfer Warranty
A guarantee in legal documents, especially in sales of goods, assuring the recipient that the transferor has valid title and that the transfer is rightful.
Presentment Warranty
Assurance given in a transaction that certain facts are true as of the time of the deal, generally related to financial instruments.
Draft
A preliminary version of a document, plan, or design that is open for discussion, revision, or improvement.
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