By this phrase is meant a right or power to do some act, together with an interest in the subject matter on which the power is to be exercised. It is distinguished from a naked power, which is a mere authority to act, not accompanied by any interest of the donee in the subject matter of the power. Is it an interest in the subject on which the power is to be exercised, or is it … [Read more...] about POWER COUPLED WITH AN INTEREST
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POUR ACQUIT
Fr. In French law. The formula which a creditor prefixes to his signature when he gives a receipt. … [Read more...] about POUR ACQUIT
POWER OF ACCEPTANCE
The capacity and authority to agree to an offer and create a binding contract. … [Read more...] about POWER OF ACCEPTANCE
POUR COMPTE DE QUI IL APPARTMENT
Fr. For account of whom it may concern. … [Read more...] about POUR COMPTE DE QUI IL APPARTMENT
POWER OF APPOINTMENT
A power or authority conferred by one person by deed or will upon another (called the "donee") to appoint that is, to select and nominate, the person or persons who are to receive and enjoy an estate or an income therefrom or from a fund, after the testator's death, or the donee's death, or after the termination of an existing right or interest. See Heinemann v. De Wolf, 25 R. … [Read more...] about POWER OF APPOINTMENT