Multiple Choice
Which of the following best describes durable power of attorney?
A) It is an unwritten rule of agency designed to be effective even though the principal is dead.
B) It is a written appointment of agency designed to be effective even though the principal is dead.
C) It is a verbal rule of agency designed to be effective even though the principal is incapacitated.
D) It is a written appointment of agency designed to be effective even though the principal is incapacitated.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following is true of
Q4: When an agency agreement does not state
Q5: Agents have a duty to keep
Q5: Which of the following is a duty
Q8: The termination of corporation's operation except activities
Q10: An agent is not allowed to terminate
Q11: Agents who contract in their own names
Q12: Explain why a notice of termination must
Q19: An agent does not incur personal liability
Q20: The principal may terminate the agency by