Power of Attorney

question 243

Multiple Choice

Power of attorney:

• A) is a document that applies only to attorneys in certain capacities
• B) refers to a category of agents
• C) is a document that creates an agency
• D) exists whenever a person has the right to execute a transaction for another
• E) exists whenever an attorney has the right to execute transactions for a client

---

Definitions:

Supply Chain

A network between a company and its suppliers to produce and distribute a specific product to the final buyer.

Internet-Based Inventory

Inventory management systems that use internet technologies to monitor and manage the stock levels of products.

Net Profit Margin

A financial metric showing the percentage of revenue remaining after all operating expenses, taxes, and interest have been deducted.

Logistics Management

involves overseeing the efficient and effective transportation and storage of goods from origin to consumption.