Question #$74$ of $85$

Question ID: $1251884$

Which of the following statements about the use of a regular $($nonspringing$)$ durable power of attorney are correct?

The authority of the attorney$-$in$-$fact $($agent$)$ continues to be legally exercisable even if the principal becomes disabled or incapacitated at a later date.

It is less expensive than a conservatorship for management of an incompetent person's property.

Like other techniques used to manage an incompetent person's property, the title to assets is transferred away from the incompetent person.

This document is irrevocable.

A$)$

III and IV

B$)$

I, II$,$ and IV

C$)$

II and III

D$)$

I and II