Which type of Power of Attorney has no limits on its authority?

Study for the RECA Fundamentals Exam. Access flashcards and multiple choice questions with hints and explanations to prepare for your exam. Enhance your knowledge and readiness for success!

A General Power of Attorney is the correct answer because it grants broad and unrestricted authority to the appointed agent or attorney-in-fact. This type of power of attorney allows the agent to handle a wide range of personal, financial, and legal matters on behalf of the principal, without specific limitations or conditions. The agent can make decisions regarding property, finances, or even healthcare, depending on the language used in the document.

In contrast, a Special Power of Attorney typically restricts the agent's authority to specific tasks or transactions, such as selling a property or managing a business. An Immediate Power of Attorney is not a commonly recognized term in legal literature, but it may imply that the powers are activated immediately, yet this does not inherently mean those powers are unlimited. An Enduring Power of Attorney usually remains effective even if the principal becomes incapacitated, but it can also be limited to specific decisions or circumstances and does not inherently imply broader authority like the General Power of Attorney. Thus, the General Power of Attorney stands out as the option that provides no limits on authority.

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