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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