Explore the concept of a waiver of exemption, its historical significance in consumer credit contracts, and the regulatory changes by the FTC in 1985 that impacted its use.
Explore the grace and notice provision in loan agreements, which protects borrowers from immediate default due to minor slip-ups. Understand its importance and implications in financial contracts.
Explore what a negative covenant in finance entails, its implications for corporations, and how it contrasts with positive covenants. Essential reading for investors and finance professionals.