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Author Question: Which of the following statements best defines a power of attorney? A) It is a written instrument ... (Read 80 times)

RYAN BANYAN

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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.

Question 2

The provisions of Article 6 concerning bulk transfers are designed to protect creditors.
  Indicate whether the statement is true or false



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frogdreck123456

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Answer to Question 1

B

Answer to Question 2

TRUE





 

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