A power of attorney is an example of an agency relationship.

Name: A power of attorney is an example of an agency relationship.
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A power of attorney is a legal document that designates one person to act as an agent on behalf of another person. This creates an agency relationship, where the person giving the power of attorney (the principal) is delegating authority to the person receiving the power of attorney (the agent) to act in their best interests.

A Power of Attorney Is an Example of an Agency