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Susan Gives Her Daughter Kathy a Power of Attorney to Sell

Question 52

Essay

Susan gives her daughter Kathy a power of attorney to sell a lakefront lot for $100,000.00.
Pursuant to the power of attorney, Kathy contracts for and sells the lot. The buyer makes out a check for the lot in Kathy's name. Kathy cashes the check and keeps the money. Has Kathy breached any duty to Susan?

Correct Answer:

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Kathy is an attorney in fact of Susan pu...

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