Power of Attorney and Agent Authority Quiz
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Questions and Answers

What authority can an individual grant to their agent through a power of attorney?

  • Authority to do virtually anything they can do personally (correct)
  • Authority to only do basic tasks
  • Authority to override the individual's decisions
  • Authority to make decisions without permission
  • What happens when an individual grants a power of attorney to their agent?

  • Their agent assumes all responsibilities
  • They retain all decision-making authority (correct)
  • They lose all decision-making authority
  • Their agent can only perform limited tasks
  • What can an individual do through a power of attorney?

  • Delegate only simple tasks
  • Pass on responsibilities delegated to them (correct)
  • Revoke all authority from their agent
  • Delegate only financial decisions
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