Who can act on behalf of others under a power of attorney?

The correct option pertains to individuals authorized as an attorney-in-fact. A power of attorney is a legal document that grants someone the authority to act on behalf of another person in legal or financial matters. The person who is given this authority is known as the attorney-in-fact. This designation can apply to anyone who has been specifically granted the power through the legal document, regardless of whether they hold a professional license or are related to the person granting the power.

In practical terms, this means that a friend, family member, or even a business associate can be authorized to act as an attorney-in-fact if the principal (the person who creates the power of attorney) chooses them for that role. This flexibility is a key reason why the attorney-in-fact is recognized as the correct answer; it emphasizes the breadth of who can potentially fill this role based on the principal's preferences and the terms set out in the power of attorney.

Other options limit the scope of who can act under a power of attorney, focusing on specific categories like registered brokers, licensed attorneys, or family members, which can be misleading. These limitations do not capture the comprehensive nature of the role of an attorney-in-fact, which is meant to empower individuals to make decisions in