Which of the Following Statements Is True About a Durable

question 12

Multiple Choice

Which of the following statements is true about a durable power of attorney?

• A) It is only effective as long as the principal is able.
• B) It remains effective even though the principal is incapacitated.
• C) It is effective even when the agency is an oral agreement.
• D) It is only effective if the agent is a certified lawyer.

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Definitions:

Democracy

A political system characterized by citizen participation in the political process.

Anarchy

A state of society without government or law, where there is no centralized authority, often implying disorder due to the absence of government control.

Autocracy

A form of government where power is concentrated in the hands of a single individual or a small group, without significant input from citizens.

Monarchy

A form of government in which a single person, the monarch, rules until death or abdication, and the position is usually inherited.