Examlex
Which of the following is not a money market security?
Power Of Attorney
A specific type of express authority that grants an agent specific powers.
Incompetent Principal
A legal term referring to a person who lacks the capacity to engage in a contract or manage their own affairs due to mental disability, illness, or minority.
Gratuitous Agent
An agent who acts on behalf of another without receiving any compensation.
Consideration
A fundamental element of a contract, referring to something of value exchanged between parties, such as services, goods, or money.
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