Examlex
If a bond is currently trading at its face (par) value,then it must be the case that:
Capital
The money and property that a business needs to operate.
Corporation by Estoppel
A legal doctrine that prevents a person from denying the corporate existence of an entity when they have treated it as a corporation.
Properly Incorporated
Refers to a company or entity that has been legally established and registered under the laws of its jurisdiction.
Valid Corporation
A legal entity that is properly incorporated under the laws of its jurisdiction, providing its owners with limited liability.
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