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Because of the Harshness of the All-Or-Nothing Contributory Negligence Rule,nearly

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Because of the harshness of the all-or-nothing contributory negligence rule,nearly all states have now substituted the last clear chance doctrine for contributory negligence.


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Interest Rate Risk Premiums

Additional returns demanded by investors to compensate for the risk of fluctuating interest rates.

D Credit Rating

A rating indicating that an entity is in default, having failed to fulfill its credit obligations, the lowest possible rating in assessments of credit risk.

Credit Rating

A formal assessment of an entity's ability to repay its debts, often in the form of a letter grade.

Term Structure

The relationship between interest rates or yields and different maturities for debt securities, often depicted as a yield curve.

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