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Which of the following statements about the use of a regular (nonspringing) durable power of
attorney are correct? I. The authority of the attorney-in-fact (agent) continues to be legally
exercisable even if the principal becomes disabled or incapacitated at a later date. II. It is less
expensive than a conservatorship for management of an incompetent person's property. III. Like
other techniques used to manage an incompetent person's property, the title to assets is
transferred away from the incompetent person. IV. This document is irrevocable. A) I, II, and IV
B) III and IV C) II and III D) I and II

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