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1:N Means That More Than One Entity Is Allowed on Each

question 46

True/False

1:N means that more than one entity is allowed on each side of the relationship.


Definitions:

Best Efforts

A clause requiring a party to make the maximum effort to achieve a task, without guaranteeing success.

Underwriting

The process by which insurers evaluate the risks associated with insuring a particular person or asset and decide the premium to charge.

Issuer

An entity that issues and is responsible for the financial instruments like stocks or bonds.

Tombstone Ad

An advertisement, typically in the print media, announcing a public offering of securities, with minimal detail.

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