Examlex
The spot exchange rate for the Mexican peso is 0.081 CAD/MXN.If the one-year Canadian interest rate is 4.5% and the one-year Mexican interest rate is 7.6%,compute the implied one-year forward rate in CAD/MXN.
Genuine Assent
The agreement to enter into a contract based on a clear understanding of its terms, without any duress, fraud, or undue influence.
Undue Influence
An improper or wrongful pressure exerted on a person, resulting in the person acting against their free will or in a manner not reflective of their intent.
Misrepresentation
A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.
Rejection
The refusal to accept an offer or proposal, in the context of contracts, it is the refusal to agree to the terms.
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