A Durable Power of Attorney Differs from a Power of Attorney

question 15

Multiple Choice

A durable power of attorney differs from a power of attorney in that the durable power of attorney:

• A) is a formal written instrument, whereas the power of attorney may be informal and oral.
• B) must follow a standardized form set forth in the federal Uniform Durable Power of Attorney Act.
• C) becomes effective upon the principal's subsequent incapacity or the agent's authority is not affected by the principal's subsequent incapacity.
• D) is governed by Article 3 of the UCC.

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