Question

Samantha borrows $10,000 from John to start her business. She gives John her stock in AT&T, authorizing him to sell it if she defaults on her loan. If she later attempts to terminate his authority to sell the stock, she will not be successful because she gave John an agency

A. coupled with an interest. B. for a specific occurrence. C. by power of attorney. D. by express authority.

Answer 1

Answer: the correct answer is A. coupled with an interest.

Explanation: It means that Samantha has to return the money plus interests.