Examlex

Solved

Explain the Terms Certification Bar,recognition Bar,and the Contract Bar Doctrine

question 5

Essay

Explain the terms certification bar,recognition bar,and the contract bar doctrine.


Definitions:

Simple Interest Rate

The percentage of an amount of money which is paid as interest for a certain period of time, without compounding.

Investment

Allocation of resources, usually money, in expectation of a future return or profit.

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money, or what a lender earns on an investment, over a specific period.

Related Questions