Multiple Choice
Robert advances money to John so that John can purchase inventory for his business.In return and for security on the loan,John makes Robert his agent.If John:
A) becomes incapacitated,Robert's agency is terminated by operation of law.
B) files for bankruptcy,Robert's agency is terminated by operation of law.
C) dies,Robert's agency is terminated by operation of law.
D) Robert's agency is irrevocable.
Correct Answer:
Verified
Correct Answer:
Verified
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