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slega [8]
3 years ago
12

While the principal parties to a transaction must be legally competent for a contract to be valid, it is possible for a party ac

ting on behalf of a principal to obtain this legal right. In order for personal representatives and trustees to be authorized to act on behalf of a principal, a legal instrument commonly referred to as ____________ must be in place.
Social Studies
1 answer:
kodGreya [7K]3 years ago
4 0

In order for personal representatives and trustees to be authorized to act on behalf of a principal, a legal instrument commonly referred to as <u>power of attorney</u> must be in place.

<u>Explanation</u>:

Power of attorney is a legal document that gives authorization for a person to act on behalf of them. There are four types of power of attorney. They are as follows:

i) Special or Limited Power of Attorney

ii) Durable Power of Attorney

iii) Springing Durable Power of Attorney

iv) General Power of Attorney

Power of attorney creates a legal relationship between you and another person and specifies that you give power to the other person. In this situation, you are the principal and the other person is an agent.

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Operational definitions are statements of the procedures used to define the research variables in a study. having these helps ot
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Signs may be similar for plenty of special situations, but docs frequently use them whilst making choices about analysis and remedy. as an instance, some signs of the common cold are a runny nose and sneezing, however, those may also be signs of hypersensitive reactions. A problem is an unfavorable result of a disorder.

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