Examlex
Measuring the sensitivity of bank profits to changes in interest rates by multiplying the gap times the change in the interest rate is called
Universal Truths
Fundamental concepts or facts that are considered true and apply in all situations and cultures.
Equitable Remedy
Legal remedies typically ordered by courts, such as injunctions or specific performance, that are based on fairness rather than strict legal rules.
Mutual Mistake
An error shared by all parties in a contract, which can render the agreement voidable if it significantly affects the contract's basis.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize law among the states.
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