"One of the Basic Precepts in Contract Law Is That

question 78

Essay

"One of the basic precepts in contract law is that any bargain struck must be fair to be enforceable." Explain the accuracy of this statement.

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Definitions:

Par Value

The nominal or face value of a stock or bond as stated by the issuer, which may differ from its market value.

Coupon Rate

The yearly interest rate provided by a bond, shown as a percentage of the bond's nominal value.

Yield To Maturity

Yield to maturity represents the total return an investor would receive by holding a bond until it matures, including all interest payments and the repayment of principal.

Realized Compound Yield

The reflective measurement of the total returns on an investment, factoring in compounding interest or returns over a specified time frame.