When Parties Include A[n] ______ Clause in Their Contract,the Parties

question 64

Multiple Choice

When parties include a[n] ______ clause in their contract,the parties are attempting to limit their ability to assign their rights under the contract.

• A) Antiobligation
• B) Antiassignment
• C) Anticontract
• D) Severability
• E) Integration

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Definitions:

Call Provision

A clause in a bond or other fixed-income instrument that allows the issuer to repurchase and retire the debt before the scheduled maturity date.

Coupon Rate

The interest a bond pays each year, quantified as a percentage of its face value.

Coupon Rate

The annual interest rate paid by a bond issuer to its bondholders, expressed as a percentage of the bond's face value.

Yield To Maturity

The total return expected on a bond if held until its maturity date, including all remaining coupon payments and principal repayment.