NSCCL becomes the legal counterparty to the net settlement obligations of every member. This principle is called ______.

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Question:NSCCL becomes the legal counterparty to the net settlement obligations of every member. This principle is called ______.

1.notation’

2.settlement fulfillment’

3.novation

4.‘obligation guarantee’

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  1. NSCCL becomes the legal counterparty to the net settlement obligations of every member. This principle is called ______.
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