Series 24: Power Of Attorney

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Power Of Attorney...

the authorization by one party (the "grantor" or "principal") to another (the "agent" or "attorney-in-fact") to make legally binding decisions on the grantor/principal's behalf. The agent has a fiduciary duty to the grantor.

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I wanted to let you know I passed the exam [Series 24] this morning! The practice exams were invaluable. Thank you for your extra help and suggestions. I have recommended this to two of my co-workers who will be taking the Series 7 this year. I will say, the 24 was worded so tricky. And so much irrelevant info put into the questions. I had to write down pieces of the question to get the gist of what it was asking. Very purposfully confusing. But it's over and I'm thankful for your product. Thx again

Karmen Richards, Multi Financial Securities, Greensboro, NC

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Chris Porosky, FL

I passed my Series 24 today with an 80% thanks to Solomon Test Prep! I found the most benefit from using the practice exams as a learning tool, reading each answer explanation as I went along, regardless of a(n) correct/incorrect response. I found that for this exam, understanding the concepts is equally as important as memorization! Good luck!

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