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:

AThe appointee of a power of appointment is the party who exercises the power.

BThe donee of a power of appointment might be restricted with respect to the time the power can be exercised.

CFailure to exercise a power of appointment is known as a lapse of the power.

DThe possible recipients of property after the exercise of a power of appointment depend on the terms of the power.

Show Suggested Answer

Suggested Answer: B

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

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Daniela

2 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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Adelle

8 days ago

C) Failure to exercise a power of appointment is known as a lapse of the power.

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Pete

13 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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Chi

14 days ago

C) Failure to exercise a power of appointment is known as a lapse of the power.

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Candida

15 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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Paris

1 months ago

A) The appointee of a power of appointment is the party who exercises the power.

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Glendora

1 months ago

A) The appointee of a power of appointment is the party who exercises the power.

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Britt

2 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

2 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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Desmond

13 days ago

D) The possible recipients of property after the exercise of a power of appointment depend on the terms of the power.

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Carman

14 days ago

C) Failure to exercise a power of appointment is known as a lapse of the power.

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Vi

23 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

1 months ago

A) The appointee of a power of appointment is the party who exercises the power.

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Naomi

2 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

1 months ago

User 2: Yeah, that makes sense. So B is the correct answer.

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Antonette

2 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

1 months ago

That makes sense. So, the correct answer is A, since it is the exception.

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Tonette

1 months ago

I believe B, C, and D are all correct. A is the only one that seems off.

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Holley

1 months ago

But what about the other options? Do you think they are all correct?

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Tiffiny

2 months ago

I think you're right, the appointee is the one who receives the property.

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