A power of attorney can be authorized to act based on a Medical or a...

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Accounting

A power of attorney can be authorized to act based on a Medical or a Durable Power of Attorney document. When does the power of attorney's authorization end?

a. When the date to end authority based on the POA document expires.

b. When the grantor names a different POA on a new document.

c. When the grantor dies.

d. When the grantor becomes longer mentally incompetent

e. All of the above

f. Answers a, b, and c only.

The purpose of Social Security is to

a.

provide retired people 75% of pre-retirement income.

b.

pay for health care costs.

c.

replace defunct pension fund plans.

d.

provide a basic income to eligible retirees.

e.

none of these.

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