Questions

A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded. The money market is used by participants as a means for borrowing and lending in the short term, from several days to just under a year. Money market securities consist of negotiable certificates of deposit (CDs), bankers acceptances, U.S. Treasury bills, commercial paper, municipal notes, federal funds and repurchase agreements (repos).

PWC refers to Personal Water Crafts.

To control steering on a PWC, the most needed requirement is to have power in which will allows the one using it to control the engine for it to stop or for it to move. Without power, the person using it could be out of balance or fail to start the engine. This is the basic requirement because even though it is shut off or the engine is off, the PWC is still on and it could still move without proper knowledge of the engine.