A Power of Attorney May Expire Under All the Following

question 43

Multiple Choice

A power of attorney may expire under all the following conditions EXCEPT:

• A) the attorney in fact losing the license to practice law
• B) being revoked by the principal
• C) the incapacity of the principal
• D) the death of the principal

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Definitions:

Primary Markets

Markets in which new securities are issued and sold by corporations directly to investors.

Over-The-Counter

A decentralized market where securities are traded directly between parties without the supervision of an exchange.

Financial Intermediaries

Institutions that facilitate the flow of funds between savers and borrowers, thereby making investment more accessible.

Stockbrokers

Licensed professionals who buy and sell securities on behalf of clients, typically charging commissions for their services.