MATCHING: -The Authority of a Person to Act on Behalf of of the Principal

question 18

Multiple Choice

MATCHING:
-The authority of a person to act on behalf of the principal that is triggered by the occurrence of a specified anticipated event

• A)exordium clause
• B)residuary clause
• C)conservator
• D)delay clause
• E)simultaneous death clause
• F)principal
• G)attestation clause
• H)medical power of attorney
• I)nondurable power of attorney
• J)springing power of attorney

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Definitions:

Increase Value

Enhancing the worth or profitability of an asset or company through various strategies and operations.

Teamsters Union

A labor union representing a diverse membership of blue-collar and professional workers in various industries across the United States and Canada.

Time Standards

Predetermined times established for performing tasks, used to set work schedules and measure productivity.

Shipping Business

A sector involved in the transportation of goods by sea, encompassing freight shipping companies, container shipping, and logistics services.