Suppose Jones Agreed with Smith That Smith Would Serve as His

Multiple Choice

Suppose Jones agreed with Smith that Smith would serve as his agent for business purposes until May 20, 2015. On that day, Smith's actual or apparent authority expired. Jones gave notice to all relevant parties of the termination. This is known as termination of the principal-agent relationship by .

A) implication
B) equity
C) operation of law
D) lapse of time