Ask Question
BusinessBusiness
31 December, 15:08

What would power of attorney be needed?

+1
Answers (2)
  1. 31 December, 17:00
    0
    When would power of attorney be needed?

    A.

    when someone dies unexpectedly

    B.

    when a person is unable to manage their affairs

    C.

    when someone dies but there is no will and the estate must be managed

    D.

    when a living will is not in place and beneficiaries must be named

    Explanation:

    #platofam
  2. 31 December, 18:26
    0
    A power of attorney (POA) is a legal document in which the principal (you) designates another person (called the agent or attorney-in-fact) to act on your behalf to make decisions in specified matters or in all matters. It can also refer to the individual designated to act in this way.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What would power of attorney be needed? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What are economic challenges that governments must face? check all that apply. threats of war unemployment low production inflation low voter turnout?
Answers (1)
If you are in a car accident cause by someone else who also has insurance, which type of insurance plan will not require you to pay out of pocket costs?
Answers (1)
Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of lease does Jim have? A) Revolving lease. B) Wholesale lease. C) Index lease. D) Leading Indicator lease.
Answers (1)
At work, Clarissa often takes on the extra duties of ordering all the food and drinks for any celebrations of work anniversaries or birthdays, which seem to occur at least once a month.
Answers (1)
Tad's tackle shop has a potential investment of $750,000 which generated a depreciation tax shield of $35,000 and a tax rate of 20% for 2016. how much depreciation expense did tad's tackle shop record during 2016? a. $140,000 b. $150,000 c.
Answers (1)
New Questions in Business
The general ledger of Red Storm Cleaners has the following summary of the transactions for the year: 1. March 12 Provide services to customers, $60,000, of which $21,000 is on account. 2. May 2 Collect on accounts receivable, $18,000. 3.
Answers (1)
General Mills conducted focus groups to collect and interpret data to gain insights into customer preferences and loyalty. Which best describes the process General Mills has used? A. Determining the research design B.
Answers (1)
If the reserve ratio is 10%, and banks do not hold excess reserves, when the Fed purchases $10 million of government bonds, bank reservesA) increase by $10 million and the money supply could eventually increase by $10 million.
Answers (1)
What does a clean kitchen show an inspector about a restaurant? a. a clean kitchen shows that the person in charge is working their shift. b. clean kitchens show that the team is healthy and not sick. c.
Answers (1)
Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $10) $ 160,000 Direct materials and direct labor $ 96,000 Overhead (20% variable) 16,000 Selling and administrative expenses (all fixed) 32,000
Answers (1)
Home » Business » What would power of attorney be needed?
Sign Up Forgot Password?