Reference no: EM13953081
Jeff Davis lived with Kelly Brandt in a house that Davis owned in Virginia Beach, Virginia. At
Davis's request, attorney Leigh Ansell prepared, and Davis acknowledged, a durable power of attorney appointing Ansell to act as Davis's
attorney-in-fact. Ansell was authorized to sign "any . . . instrument of . . . deposit" and "any contract . . . relating to . . . personal property."
Ansell could act "in any circumstances as fully and effectively as I could do as part of my normal, everyday business affairs if acting
personally." A few days later, at Davis's direction, Ansell prepared, and Davis signed, a will that gave Brandt the right to occupy, rentfree,
the house in which she and Davis lived "so long as she lives in the premises." The will's other chief beneficiaries were Davis's
daughters, Sharon Jones and Jody Clark. According to Ansell, Davis intended to "take care of [Brandt] outside of this will" and asked
Ansell to designate Brandt the beneficiary "payable on death" (POD) of Davis's $250,000 certificate of deposit (CD). The CD had no other
named beneficiary. Less than two months later, Davis died. A suit between Brandt and Davis's daughters ensued in a Virginia state court.
[Jones v. Brandt, 645 S.E.2d 312 (Va. 2007)]
(a) Should the language in a power of attorney be interpreted broadly or strictly? Why?
(b) In this case, did Ansell have the authority under the power of attorney to change the beneficiary of Davis's CD? Explain.
(c) Ansell advised Davis by letter that he had complied with the instruction to designate Brandt the beneficiary of the CD. Davis
made no objection. On these facts, what theory might apply to validate the designation?
What is the weight percent of a caffeine solution
: What is the weight percent of a caffeine solution made by dissolving 8.35 g of caffeine, C8H10N4O2, in 75 g of benzene, C6H6?
|
Round the working capital amount
: Round all other final answers to one decimal place
|
Titrated with dichromate
: All of the iron in 1.734 g of an iron sample is converted into Fe2+, which was then titrated with dichromate:
|
Sabonis cosmetics co
: Sabonis Cosmetics Co. purchased machinery on December 31, 2013, paying $53,900 down and agreeing to pay the balance in four equal installments of $54,280 payable each December 31
|
Davis''s request attorney leigh ansell prepared
: Davis's request, attorney Leigh Ansell prepared, and Davis acknowledged, a durable power of attorney appointing Ansell to act as Davis's attorney-in-fact. Ansell was authorized to sign "any . . . instrument of . . . deposit" and "any contract . . . r..
|
Samuel hitman sold his mercedes-benz
: Samuel Hitman sold his Mercedes-Benz to Katrina Walters in exchange for a check for $13,500 made out to Walters and indorsed to him. He gave her the title to the vehicle indorsed over to her. Walters transferred ownership of the vehicle, together wit..
|
Describe the product life cycle concept
: In 400 words describe the Product Life Cycle Concept and the elements involved. Include the relative amounts of sales and profit during each separate stage. Cite at least one reference using APA format in both the answer and reference page.
|
Conduct research on a well-known leader of a corporation
: Using your favorite search engine, conduct research on a well-known leader of a corporation. You might be interested in researching formers leaders such as Lee Iacocca of Chrysler, Herb Kelleher of Southwest Airlines, Jack Welch of General Electric,..
|
Winning a government contract
: Imagine you are a small-business owner. You have a great product that you believe would serve the government well. What are the main steps that you would take in order to ensure your bid is considered and completed correctly?
|