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American College Exam HS330 Topic 1 Question 76 Discussion

Actual exam question for American College's HS330 exam
Question #: 76
Topic #: 1
[All HS330 Questions]

All the following statements concerning a power of appointment are correct EXCEPT:

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Suggested Answer: B

by Carey at Oct 18, 2023, 01:20 AM

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Daniela
1 months ago
Wait, so who's the 'donee' and who's the 'appointee'? I thought this was a power of attorney, not a power Rangers episode!
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Paris
18 days ago
A) The appointee of a power of appointment is the party who exercises the power.
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Glendora
19 days ago
A) The appointee of a power of appointment is the party who exercises the power.
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Britt
1 months ago
Ugh, legal terminology can be such a headache. But D seems like the most comprehensive option, so that's gotta be the correct answer.
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Tonette
1 months ago
Haha, 'lapse of the power'? That sounds like a medical condition. But C is definitely the right answer. Can't mess that one up!
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Vi
7 days ago
B) The donee of a power of appointment might be restricted with respect to the time the power can be exercised.
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Salina
26 days ago
A) The appointee of a power of appointment is the party who exercises the power.
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Naomi
1 months ago
I'm not sure, but I think D) The possible recipients of property after the exercise of a power of appointment depend on the terms of the power, could also be incorrect.
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Aide
2 months ago
I agree with Beula, that makes sense because the other options seem to be correct statements about powers of appointment.
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Beula
2 months ago
I think the answer is C) Failure to exercise a power of appointment is known as a lapse of the power.
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Josephine
2 months ago
Ah, I see what they're getting at. The donee is the one who has the power, not the appointee. B seems like the correct answer here.
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Domonique
29 days ago
User 2: Yeah, that makes sense. So B is the correct answer.
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Antonette
1 months ago
User 1: I think you're right, the donee is the one with the power.
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Amie
2 months ago
Hmm, this one is tricky. I think the answer is A, since the appointee is the person who receives the property, not the one who exercises the power.
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Amber
16 days ago
That makes sense. So, the correct answer is A, since it is the exception.
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Tonette
25 days ago
I believe B, C, and D are all correct. A is the only one that seems off.
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Holley
28 days ago
But what about the other options? Do you think they are all correct?
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Tiffiny
1 months ago
I think you're right, the appointee is the one who receives the property.
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