Since the capacity to be a principal depends upon the capacity of the principal to do the act himself,a person cannot appoint an agent to act for him in the case that he subsequently loses mental capacity.
Correct Answer:
Verified
Q16: Because the authority given to an agent
Q17: Edward writes to Judy,who is in the
Q18: A principal may generally revoke the authority
Q19: The operation of agency involves at least
Q20: A minor can act as an agent
Q22: The fiduciary duty of an agent has
Q23: If an agent receives a gift from
Q24: A person who engages an independent contractor
Q25: The appointment of an agent by a
Q26: Agents and principals have mutual fiduciary duties
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