Norton grants an ordinary power of attorney to Olena to locate potential real estate investment opportunities on Norton's behalf. This power will terminate on Norton's a. taking advantage of one of the investment opportunities. b. death, incapacity, or renunciation of the power of attorney. c. sixty-fifth birthday. d. hiring an actual attorney to exercise the power granted to Olena.

Question

Social Studies

Jazz

23 December, 09:08

Norton grants an ordinary power of attorney to Olena to locate potential real estate investment opportunities on Norton's behalf. This power will terminate on Norton's a. taking advantage of one of the investment opportunities. b. death, incapacity, or renunciation of the power of attorney. c. sixty-fifth birthday. d. hiring an actual attorney to exercise the power granted to Olena.

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Answers (2)

Know the Answer?

Booth · Answer 1

B

Explanation:

death, incapacity, or renunciation of the power of attorney.

Jonathan Ellison · Answer 2

The ordinary power of attorney Norton granted to Olena, terminates in the case of: B) death, incapacity, or renunciation of the power of attorney.

Explanation:

The ordinary power of attorney is a document that lets you nominate someone to manage your finances on your behalf. Also, it is only available when you are capable of making, understanding and communicating your decisions. When these faculties are lost, the power of attorney finishes immediately. As well as in cases in which the person you nominated for the power of attorney renounces to them.