Taylor gives a power of attorney to his twin brother Corey,permitting Corey to make all decisions on his behalf while he is abroad.As per the terms of the power of attorney,Corey is allowed to make decisions to purchase or sell stocks on Taylor's behalf,sell Taylor's real estate if he deems it to be in Taylor's best interest,pursue or defend lawsuits on Taylor's behalf,and make all other relevant decisions for Taylor.What kind of power of attorney confers such powers to Corey?

Question

Quizplus · Accepted Answer

The powers conferred to Corey in this scenario are extensive and cover a wide range of actions, including managing financial and legal matters. This is consistent with a general power of attorney, which grants broad authority to the agent (Corey) to act on behalf of the principal (Taylor).

Taylor Gives a Power of Attorney to His Twin Brother