Test yourself

Choose the correct paraphrase of the CAPITALIZED words in these sentences.

The interest rate SHALL BE 7%. (1 p.)

Each party MAY terminate this agreement on 30 days' notice. (1 p.)

The corporation SHALL maintain a record of its sharehoders. (1 p.)

The provisions of anicles 6.8 and 6.10 SHALL survive expiration or termination of this Agreement. (1 p.)

Extraordinary General Meeting SHALL BE convened in cases specified in this Part or in articles of association. (1 p.)

"Execution date" SHALL MEAN 2 March 2018, the date of execution of this Agreement. (1 p.)