Frederick K.C. Price, D.D. explains that Jesus’ declaration “It is finished” signified the fulfillment of the Old Covenant, emphasizing that salvation comes through faith in Christ—not adherence to the Mosaic Law. He clarifies the believer’s identity, the role of the Ten Commandments, and key doctrines like justification and blasphemy of the Holy Spirit. Overall, the teaching highlights the transition from the Law to Grace through Jesus Christ.