Business Law

Ask a Business Lawyer. Get Business Law Questions Answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

Business Law

What is the best form or format to use in giving someone a

Customer Question
"limited" power of attorney in...
What is the best form or format to use in giving someone a "limited" power of attorney in an international business that will require my signature on certain documents. Due to distance they have asking me to come up with a local representative. The fact is I have not expected that to come up therefore not taken the time to research and carefully select the right person to assume this role. At this time the only person I have is my brother's childhood friend whom I know nothing about. Please advice, and recommed!!
Sincerely,
Mercy Quachie
Submitted: 5 years ago.Category: Business Law
Show More
Show Less
Ask Your Own Business Law Question
Answered in 8 hours by:
8/3/2012
Business Lawyer: Fran-mod,
 replied 5 years ago
Fran-mod
Category: Business Law
Satisfied Customers: 48
Verified
Hi, I’m a moderator for this topic and I wonder whether you’re still waiting for an answer. If you are, please let me know and I will do my best to find a professional to assist you right away. If not, feel free to let me know and I will cancel this question for you. Thank you!
Ask Your Own Business Law Question
Customer reply replied 5 years ago
I send the clarification they needed, amd I am waiting for my response

Thx!
Business Lawyer: Fran-mod,
 replied 5 years ago
Sometimes, finding the right Expert can take a little longer than expected and we thank you greatly for your understanding. We’ll be in touch again shortly.
Ask Your Own Business Law Question
Customer reply replied 5 years ago
Anxiously waiting for s response from you.
Thx,

Mercy Quachie
Business Lawyer: Brent Blanchard, Attorney replied 5 years ago
Brent Blanchard
Brent Blanchard, Attorney
Category: Business Law
Satisfied Customers: 1,975
Experience: Thirteen years of business law experience, from business formation to litigation
Verified
Thank you for your question.

To the usual "forms" of various readability that you can find on this here Innerweb, the following are added and deleted from the standard language. Seeing such huge range of useful- to near-useless-ness from the "free" sites, I really have to recommend that you start with something like LegalZoom.com or FindLegalForms.com.

1. Add "LIMITED" to the title.

2. Add "limited" or "Limited" (depending on style, some capitalize the document title everywhere) before every statement of power of attorney or grant of authority.

3. Add a sentence describing the narrow scope of the PoA.
"This Limited Power of Attorney is granted ONLY for the purposes of transacting business with _____ company] located in _______[city], [country] related to my [whatever the type of business deal is contemplated], and extends to no other subjects."

4. IF access to any money is also involved, like writing a check, then as a non-legal matter the funds should be put into a separate dedicated bank account with no other monies. Preferably the money would be deposited with a Cashier's Check, to avoid any fraudsters from tracing the money back to your specific bank account (they usually get no joy if all they know is the issuing bank of the check...so write a short letter to your bank reminding them of you financial privacy rights and alerting them that you will NEVER be communicating with them by phone regarding anything).

It is important to be thorough, to make sure that nothing is accidentally left in there which could be mis-interpreted as a broad grant of a general power of attorney.

And don't make it "durable" unless you REALLY want your agent to take action even if you are in a coma. That's what "durable" is all about. It belongs in estate planning, not in international trade.

Thank you.

BAB.
Ask Your Own Business Law Question
Ask Brent Blanchard Your Own Question
Brent Blanchard
Brent Blanchard
Brent Blanchard, Attorney
Category: Business Law
Satisfied Customers: 1,975
1,975 Satisfied Customers
Experience: Thirteen years of business law experience, from business formation to litigation

Brent Blanchard is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

1,823 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

750 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

643 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

573 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

Related Business Law Questions
If someone you've never done business with posts an
If someone you've never done business with posts an inaccurate review of your company on yelp is there any way to have the review investigated and removed?… read more
LegalGems
LegalGems
Juris Doctorate
10,407 satisfied customers
Is it legal for a business to offer their services to
Is it legal for a business to offer their services to individuals of families that live on or below our government's difinition of the poverty level… read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
1,823 satisfied customers
I'm looking to buy a business that deals in promotional
hello. I'm looking to buy a business that deals in promotional products. i'm getting an SBA loan which I will personally guarantee. I currently own an S corporation now but taxed as a pass through ent… read more
KJL LAW
KJL LAW
Juris Doctorate
1,685 satisfied customers
The 60% business owner to an LLC with no articles of
the 60% business owner to an LLC with no articles of organization, has done things that makes all of us want to separate. however the 40% owners hold all MHIC licenses. Can the 60% just move the compa… read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
1,823 satisfied customers
My son-in-law is becoming a partner in an existing business,
My son-in-law is becoming a partner in an existing business, What does he have to do to accomplish that? What books or other info source should he be using to educate himself in his process?… read more
Damien Bosco
Damien Bosco
3,146 satisfied customers
I am in business with two other members in interest and they
I am in business with two other members in interest and they don't want to put any additional funds towards our capital account and currently we don't have the funds in the business to operate. Is the… read more
J.Hazelbaker
J.Hazelbaker
Attorney
Doctoral Degree
393 satisfied customers
I have a question regarding the closing of a business and
Hi there. I have a question regarding the closing of a business and filing for bankruptcy. I am thinking of closing or selling my business and have some debt under my social security number for the bu… read more
DrakeLAW
DrakeLAW
Juris Doctorate
894 satisfied customers
Business consultant. I started a new business that will
business consultant. I started a new business that will offer 50 percent discounts on products and services. How can I get an email list of potential users of my new product? Either how grown or purch… read more
RGMacEsq
RGMacEsq
Attorney
Doctoral Degree
750 satisfied customers
My business partner has his minority business enterprise
my business partner has his minority business enterprise license as well as several other minority accreditations. we have contacts on both the manufacturing and federal government levels. we want to … read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
1,823 satisfied customers
My fiancee and I own 3 businesses ( a photography business,
My fiancee and I own 3 businesses ( a photography business, a towing company, and a roadside assistance company) one is a styled as a partnership, the other 2 are sole-proprietorship, we would like to… read more
lwpat
lwpat
Doctoral Degree
256 satisfied customers
I decided to sue my business partners. The business is going
I decided to sue my business partners. The business is going to operate in Panama city beach Florida but we live in Pembroke Pines Florida. What court should i use for this? … read more
Damien Bosco
Damien Bosco
3,146 satisfied customers
If a founder leaves a business and no written equity
If a founder leaves a business and no written equity agreement is in place, what rights does the departing founder have in an equity discussion? Is there a baseline assumption of ownership? What power… read more
socrateaser
socrateaser
1,031 satisfied customers
My Business Bought Inventory on 60 days terms, Slow business
My Business Bought Inventory on 60 days terms, Slow business not be able to make payments, Can collection agencies forcfully come to business and pick up the inventory?… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I HAVE A BUSINESS THATS INC AND OPENED ANOTHER BUSINESS DBA
I HAVE A BUSINESS THATS INC AND OPENED ANOTHER BUSINESS DBA DOES THE FIRST INC BUSINESS COVERS THE SECOND CAN I BE SUED PERSONALLY FOR THE SECOND BUSINESS AM I COVERED BY THE FIRST.… read more
KUMI95
KUMI95
Attorney
Doctoral Degree
17 satisfied customers
Regarding terminating a business contract with a billing
Regarding terminating a business contract with a billing company that processes our billing. Both I and my partner signed contract as required by our Operating Agreement for the business . The billing… read more
LegalGems
LegalGems
Juris Doctorate
10,407 satisfied customers
We won a tentative decision on a business to business
We won a tentative decision on a business to business lawsuit for over $1MM. There is also a punitive damage award for hundreds of thousands of dollars on top of the million dollar tentative decision … read more
socrateaser
socrateaser
1,031 satisfied customers
How are you this evening? This is a business question. The
Hello, How are you this evening? This is a business question. The State is Florida. Occupation is Massage Therapy (MA53473) including a Massage Establishment Licence (MM29715). Legal business name is … read more
Barrister
Barrister
Attorney
Doctoral Degree
643 satisfied customers
A business executive candidate asked a business owner about
A business executive candidate asked a business owner about the details of the business' technology at a meeting. The business owner's IP attorney advised the business owner not to disclose the techno… read more
Damien Bosco
Damien Bosco
3,146 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x