A dragnet clause in a trust deed covers
A. any contingency.
B. future advances.
C. additional parties.
D. increases in the interest rate.
Answer: B. future advances.
Business
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The structure of a money market hedge is similar to a forward hedge. The difference is the cost of the money market hedge is determined by the differential interest rates, while the forward hedge is a function of the forward rates quotation
Indicate whether the statement is true or false.
Business
Through an agency relationship, the agent becomes a representative of the:
a. third party b. customer or supplier of the principal c. shareholder d. all of the other choices e. none of the other choices
Business