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A Cross-Default Provision and an Acceleration Provision Both Cause Principal

question 51

True/False

A cross-default provision and an acceleration provision both cause principal obligations on a loan to become immediately due.


Definitions:

Fertilized Ovum

The result of a sperm cell joining with an egg cell, marking the beginning of pregnancy.

Zygote

A fertilized ovum.

Neonate

Newborn.

Fetus

A developing mammal or human from the completion of its embryonic stage, specifically in humans from the ninth week after fertilization until birth.

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