menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 20: Relationship With Third Parties
  5. Question
    Upon the Termination of an Agency,the Agent's Actual Authority Ceases
Solved

Upon the Termination of an Agency,the Agent's Actual Authority Ceases

Question 23

Question 23

True/False

Upon the termination of an agency,the agent's actual authority ceases.However,his apparent authority may continue until actual notice of the termination is given to third parties.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: A person who purports to act as

Q19: An agent is not normally liable on

Q20: Ordinarily,an agent may delegate his duties to

Q21: For a ratification to be effective,the principal

Q22: If Carol,acting as agent for Steve,signs a

Q24: When there was a contract with a

Q25: Charles states he has authority to contract

Q26: Under the Second Restatement,except in cases of

Q27: Pat bought a cotton sweater at Ivey's

Q28: Ann,in the presence of Betty,tells Thomas that

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines