Putable bonds give the bondholders an option to sell the bond at a price higher than par value by the amount of one year interest payment when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a

large amount of additional debt.
Indicate whether the statement is true or false

FALSE

Business

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Unilateral mistake is a mistake in which only one party is mistaken about a material fact regarding the subject matter of a contract

Indicate whether the statement is true or false

Business

Agreements between sellers and buyers are called ________

A. vertical competition agreements B. multiple licensing agreements C. cross-licensing agreements D. horizontal competition agreements

Business