Mathilde, aged 65 is seriously ill-though sill mentally competent. She has therefore granted her son. Jim power of attorney so that he'll help manage her invesiments. She has contacted her life insurance agent, asking him to gather all he information needed to: 1) Transfer moneyfrom her balanced segregated fund into an income fund, and 2) Convert her RRIF into a life annuity Some signatures are required to complete the transactions.
which his power of attorney, what can Jim do it he goes to the agent's office by himself?
a. By providing a signature, Jim can audhonze the two transactions requested by Mathlde.
b. By providing a signature,jim can authorize the fund transfer, but Mathilde herself will need to sign
the documents for the RRIF conversion.
c. By providing a signature, Jim can authorize the RRIF conversion, but Mathilde herself will need to sign the documents for the fund transfer.
d. Nothing Mathilde herself will need to sign both request, since she is still mentally competent.
