Question
multiple choice Novation means a.The buyer can back out of the deal without penalty b.The buyer's positon can be passed on to another investor. c.The
multiple choice
Novation means
a.The buyer can back out of the deal without penalty
b.The buyer's positon can be passed on to another investor.
c.The seller's positon can be passed on to another investor.
d.Both the buyer's and seller's positons can be passed on to another investors.
Novation is also called assignability
- True
- False
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
