Is an agent appointed as power of attorney responsibile for debts obtained by principal?
Full Question:
Is an agent appointed as power of attorney responsibile for debts obtained by principal?
08/03/2007 |
Category: Power of Attorney |
State: Wisconsin |
#7691
Answer:
If the power of attorney legally authorizes a particular act, the agent cannot be held personally liable for doing that act, unless the contract specifies otherwise.