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Legal Terms & Definitions

A client says, “I gave my cousin written authority to sign on my behalf for a closing while I am overseas.” In booklet terminology, that authority is best described as a:

A

litigation

B

power of attorney

C

protest

D

proof

Correct Answer

B. power of attorney

AI Explanation

A power of attorney is an authority document, not a court proceeding or notarial certificate. The booklet defines “Power of Attorney” as a written statement by an individual giving another person the power to act for him. For contrast, a protest is a formal notarial statement concerning dishonored commercial paper.

Legal Terms & Definitions Question #423
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