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In the Case of Metropolitan Life Insurance Company V

Question 46

Multiple Choice

In the case of Metropolitan Life Insurance Company v.RJR Nabisco,Inc.,the court:


A) considered extrinsic evidence to evaluate the scope of an implied duty of good faith.
B) examined the indentures themselves to determine the agreement of the parties.
C) held that the indentures included an implied duty that prevented the incurring of new debt to facilitate the LBO.
D) Both (a) and (b) are correct.

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