What Is the Term for Being Equitably Prevented from Raising

question 79

Multiple Choice

What is the term for being equitably prevented from raising a legal defense?

• A)Quid pro quo
• B)Estoppel
• C)Breach of Contract
• D)International Subsidy Agent

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Definitions:

Notional Amount

The total principal or face value involved in a financial transaction, often used in derivatives trading.

Detachable Warrant

A financial instrument that grants the holder the right to purchase a company’s stock at a specified price, which can be detached and sold separately from the bond or preferred stock to which it was originally attached.

Traded Separately

Refers to the practice of trading components of a financial product independently, such as the detachable coupons from bonds being sold separately from the principal.

Common Shares

Equity securities that represent ownership in a company, giving holders voting rights and a share in the company's profits via dividends.