Multiple Choice
Which of the following statements best defines a power of attorney?
A) It is a written instrument indicating how a person's property is to be divided in the event of his or her death.
B) It is a written instrument indicating the appointment of an agent for the performance of certain tasks.
C) It is the power conferred by a court on a party to manage the financial affairs of another.
D) It is a document that confers the rights of ownership of certain property to another.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Which of the following is true when
Q9: Limitations upon an agent's authority can bind
Q10: Can anyone become an agent? Explain
Q11: A(n)is one authorized to carry out all
Q12: The general principles of law pertaining to
Q14: Which of the following tasks cannot be
Q15: Which of the following statements is
Q16: The creation of an agency may be
Q17: One who contracts with an independent contractor
Q18: An assumed agent who acted without actual