Multiple Choice
If an agent appointed under a power of attorney acts on behalf of a principal after the principal dies but before the agent has been informed of the death, power of attorney legislation in each state provides that:
A) the agent's act will not bind the principal's estate and any contracts entered into by the agent on the principal's behalf are void.
B) the agent will be personally liable for any contracts entered into.
C) the agent's actions will bind the estate of the principal.
D) any contracts entered into on behalf of the principal by the agent are voidable and may be terminated at the discretion of the executors of the principal's estate.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: The test for determining whether or not
Q16: Authority by ratification exists if the principal:<br>A)authorises
Q17: If an agent is appointed to engage
Q18: The nature and extent of the implied
Q19: If a third party learns that an
Q21: P enters into a contract with A
Q22: If an agent does an act that
Q23: Which of the following is not true
Q24: Authority by necessity is the authority of
Q25: A 'special agent', in a legal context,