Which of the Following Forms of Agency Relationships Does a Power

question 8

Multiple Choice

Which of the following forms of agency relationships does a power of attorney document establish?

• A) agency by agreement
• B) agency by implied authority
• C) agency through ratification
• D) agency by estoppel

---

Definitions:

Lower Class

A socioeconomic group often characterized by low income, limited educational attainment, and restricted access to resources and opportunities.

Formal Education

Education that is structured and provided by formal institutions like schools, colleges, and universities.

Working Poor

Individuals who are employed yet live in conditions of poverty due to low wages and limited work hours.

Forbes 400

An annual ranking published by Forbes magazine of the 400 wealthiest American residents.