Examlex
A bond with face value $1,000 that sells for more than $1,000 in the market is called a:
Age of Majority
The legally defined age at which an individual is considered an adult and is responsible for his or her actions and eligible to vote, among other adult rights.
Contracts
Legally binding agreements between two or more parties, detailing obligations and rights concerning the exchange of goods, services, or property.
Adults
Individuals who have reached the age of majority, legally recognized as capable of entering into binding contracts and being responsible for their actions.
Illegal Contract
A contract that is void because it involves the performance of an unlawful act.
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