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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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Answer: The impact of the Great Depression on the rich and poor

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The Great Depression may have affected the poor and the rich differently but the events leading up to, during and the aftermath is an experience that was shared by both the rich and poor and this shared experience may influence the entire group's opinions and decisions for several years.

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The formal operational stage of cognitive development is primarily characterized by the capacity for abstract thought about hypothetical circumstances and ideas. A crucial skill that develops during this period is the capacity to methodically plan for the future. Another important skill is the capacity to rationally consider hypothetical circumstances.

What is Piaget's preoperational stage of development?

In Piaget's view of cognitive development, the preoperational stage comes after the first. About two years old is when this period starts, and it lasts until roughly seven. Children are still thinking symbolically throughout this time, but they are not yet utilizing cognitive operations.

What are the 4 stages of Piaget's cognitive development?

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Learn more about Piaget's cognitive development: brainly.com/question/5147639

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