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An Extension Clause Allows the Date of Maturity of an Instrument

question 3

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An extension clause allows the date of maturity of an instrument to be extended into the future.


Definitions:

Dominant

A term used in genetics to describe an allele that expresses its phenotypic effect even in the presence of a recessive allele.

Horned Cow

A breed or individual of cattle that has distinctive horns, used for defense, display, and other functions.

Homozygous Dominant

A genetic condition where an individual possesses two identical alleles for a trait on both homologous chromosomes, and the trait is dominant.

Phenotypes

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.

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