Wanda, mother of May, requested the latter to provide her with collateral for a loan. At the time, Wanda was the chairperson of a cooperative and she needed money for the expansion of her backyard cut flowers business. May convinced her husband, Thor, to allow Wanda to use their land as collateral. So May and Thor executed a Special Power of Attorney in favor of Wanda authorizing her to, among others, 'negotiate for the sale, mortgage, or other forms of disposition a parcel land covered by TCT 123' and 'sign in our behalf all documents relating to the sale, loan or mortgage, or other disposition of the aforementioned property.

https://business.inquirer.net/390523/the-agent-delegates

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