If an Agent Appointed Under a Power of Attorney Acts

question 55

Multiple Choice

If an agent appointed under a power of attorney acts on behalf of a principal after the principal dies but before the agent has been informed of the death, power of attorney legislation in each state provides that:

• A)The agent's act will not bind the principal's estate and any contracts entered into by the agent on the principal's behalf are void.
• B)The agent will be personally liable for any contracts entered into.
• C)The agent's actions will bind the estate of the principal.
• D)Any contracts entered into on behalf of the principal by the agent are voidable and may be terminated at the discretion of the executors of the principal's estate.

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Definitions:

Marijuana

A drug derived from the resin of the cannabis sativa plant. The effects of marijuana abuse include memory impairment, altered thought process, feelings of relaxation and euphoria, impaired coordination, and increased appetite.

Amphetamines

A class of stimulant drugs that increase activity in the brain and have effects such as increased energy and alertness.

Barbiturates

A class of drugs that act as central nervous system depressants and are used for various medical purposes including as sedatives, anxiolytics, and anticonvulsants.

Tranquilizers

Medications used to reduce tension or anxiety, working by depressing the central nervous system.