Most Contracts Are Discharged by Mutual Agreement of the Parties

question 35

True/False

Most contracts are discharged by mutual agreement of the parties.

---

Definitions:

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining foreign exchange rates for every currency.

Organized Exchange

is a regulated marketplace where securities, commodities, derivatives, and other financial instruments are traded between members.

Physical Location

The tangible and geographic place where a business operates or a service is provided.

Foreign Bonds

Bonds issued by a country's entities in the financial markets of another country and typically denominated in the currency of the country in which they are issued.