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  2. Power of attorney - Wikipedia

    en.wikipedia.org/wiki/Power_of_attorney

    A power of attorney may be: special (also called limited), general, or temporary. A special power of attorney is one that is limited to a specified act or type of act. A general power of attorney is one that allows the agent to make all personal and business decisions [9] [10] A temporary power of attorney is one with a limited time frame. [11]

  3. Uniform Power of Attorney Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Power_of_Attorney_Act

    The UPOAA was designed to correct shortcomings of both the Uniform Probate Code and the Durable Power of Attorney by superseding them both. It consisted of four distinct articles: [5] The general rules governing the "creation and use" of power of attorney; The definitions used by the UPOAA; An optional form for use in granting power of attorney

  4. Lasting power of attorney - Wikipedia

    en.wikipedia.org/wiki/Lasting_power_of_attorney

    The LPA is a specific form of the more general power of attorney which is widely used in countries which have a common law system. The word attorney in this context is someone (or in some circumstances an organisation such as a company) legally appointed or empowered to act for another person.

  5. English rule (attorney's fees) - Wikipedia

    en.wikipedia.org/wiki/English_rule_(attorney's_fees)

    The English rule provides that the party that loses in court pays the other party's legal costs. The English rule contrasts with the American rule, under which each party is generally responsible for paying its own attorney fees (unless a statute or contract provides for that assessment). The English rule can make it easier for a poor person to ...

  6. Attorney–client privilege - Wikipedia

    en.wikipedia.org/wiki/Attorney–client_privilege

    Attorney–client privilege or lawyer–client privilege is the common law doctrine of legal professional privilege in the United States. Attorney–client privilege is "[a] client's right to refuse to disclose and to prevent any other person from disclosing confidential communications between the client and the attorney."

  7. Pros and cons of business acquisition loans - AOL

    www.aol.com/finance/pros-cons-business...

    Cons of business acquisition loans While an acquisition loan can help you buy a business without needing all the capital on hand, there are downsides to this type of loan. Those include:

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