Direction: Read each definition and all four choices carefully, and find the answer that provides the best example of the given definition. Establishing a Power of Attorney occurs when a legal…
Question and options
Direction: Read each definition and all four choices carefully, and find the answer that provides the best example of the given definition.
Establishing a Power of Attorney occurs when a legal document is created that gives one individual the authority to act for another. Which of the given situations is the best example of Establishing a Power of Attorney?
- Louise is selling her house and she hires a lawyer to review the contract
- Simone's mother can no longer get to the bank to cash her checks and make deposits, so she has taken legal steps to enable Simone to do these things for her
- Jack’s father is elderly and Jack thinks he is no longer able to make decisions for himself
- At her daughter's urging, Mrs. Lenox opens up a retirement account with the local bank
Answer and explanation
Correct answer: B - Simone's mother can no longer get to the bank to cash her checks and make deposits, so she has taken legal steps to enable Simone to do these things for her
Only the Simone situation involves legal steps that give one person (Simone) authority to act for another (her mother) in banking matters. Louise only hires a lawyer for review, Jack merely holds an opinion, and Mrs. Lenox's retirement account involves no delegation.
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CUSAT CAT Five-Year LL.B.
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