Examlex
Which of the following would be most likely to encourage capital formation in a less-developed country?
Emergency Powers
Special, temporary powers granted to governments to handle crises or emergencies, allowing deviations from normal procedures or laws.
Express Authority
The explicit power given by a party to someone, allowing them to act on the party's behalf, often found in legal and organizational contexts.
Implied Authority
Authority of an agent that is not explicitly stated but is implied by the agent's actions or the circumstances of the task.
Terminate
To bring something to an end or conclude its operation.
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