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Dmitriy789 [7]
3 years ago
8

What would power of attorney be needed ?

Business
2 answers:
Rufina [12.5K]3 years ago
6 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.



polet [3.4K]3 years ago
5 0

Answer:

When would power of attorney be needed?

A.  

when someone dies unexpectedly

<em><u>B.  </u></em>

<em><u>when a person is unable to manage their affairs </u></em>

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

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lukranit [14]

Answer:

The correct answer is letter "D": are damages in excess of the plaintiff's injuries, awarded to punish the defendant.

Explanation:

Punitive Damages are penalties passed to the defendant of court cases on top of compensations they must pay to plaintiffs because of the faults they committed. The punitive damage is not provided to the plaintiffs but is imposed to punish defendants when their faults are negligent and should not be repeated.  

Thus, <em>punish damages are imposed in an attempt to avoid other individuals to commit the same gross faults.</em>

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3 years ago
Audits of financial statements are designed to obtain reasonable assurance of detecting misstatement due to?
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Answer:

Errors, fraud, and noncompliance with laws with a direct effect on financial statement amounts.

<h3>How does the auditor obtain reasonable assurance?</h3>
  • In order to obtain reasonable assurance, the auditor shall obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the audit opinion.
  • Reasonable assurance is obtained when the auditor has thereby reduced audit risk to an acceptably low level.

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5 0
1 year ago
Exercise 2-6 Analyzing account entries and balances LO A1 Use the information in each of the following separate cases to calcula
VARVARA [1.3K]

Answer:

a) Corentine Co.

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Beginning balance, September 30 $152,000

Purchases                                         $281,000

Ending balance, October 31            $132,500

Cash paid                                        $300,500

b) Valerian Co.

Sales to customers on account:

Ending balance, October 31              $89,000

Cash collected                                  $102,890

Beginning balance, September 30 $102,500

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Explanation:

The unknown amount for each case is the difference between the opening balance, the transactions for the month of October and closing balance.

5 0
3 years ago
Why do traditional ad/marketing agencies struggle with digital marketing? check all that apply Group of answer choices Hard to c
VikaD [51]

Answer:

Hard to change ; No digital skills among staff

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Digital Marketing agencies are agencies promoting through online ways. Eg : E mail marketing, Social media marketing etc.

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Answer:

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Explanation:

The computation of the expected return of a portfolio is shown below;

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= 0.0625041808027559

= 0.0625

Hence, the expected return of a portfolio that has invested is 0.0625

Therefore the same should be considered and relevant

4 0
3 years ago
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