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

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.

Quizplus · Accepted Answer

A power of attorney is a legal document that grants one person (the agent) the authority to act on behalf of another person (the principal) in specific matters.

Which of the Following Statements Best Defines a Power of Attorney