A power of attorney should be used with great caution and only in exceptional circumstances because
A) failure to comply with the equal dignity rule makes a contract voidable.
B) it grants extensive authority to an agent.
C) an attorney must be licensed to practice law in the state of authority.
D) the power to be exercised defines the duty to be obeyed.
Correct Answer:
Verified
Q114: Ben manages a warehouse and its inventory
Q115: An event terminates an agency automatically when
Q116: Once the agency relationship between a principal
Q117: Without authorization, Race contracts on behalf of
Q118: Without express or implied authority, Xi contracts
Q120: Ruiz agrees to act as Seth's agent
Q121: Bev indicates that she is acting as
Q122: Hana indicates that she is acting as
Q123: Qin, the owner of Reprocess Plant, instructs
Q124: Deft Construction Company hires Egan, an independent
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents