The part of an agreement which allows one or both parties to make certain changes to the agreement or eliminate the agreement is called:

Question

Quizplus · Accepted Answer

The part of an agreement that allows one or both parties to make changes or eliminate the agreement is known as a swaption. Swaption is a type of derivative contract that gives one party the option, but not the obligation, to enter into a predetermined interest rate or currency swap with another party at a specific time in the future. Therefore, option C is the correct answer.

The Part of an Agreement Which Allows One or Both