Multiple Choice
An agency will be terminated in all but which one of the following situations?
A) The principal and agent agree on an agency relationship to sell a boat,and the boat is sold.
B) A travel agent files for individual bankruptcy under Chapter 13.
C) The agent violates his duty of loyalty.
D) An electrician,an agent of a contractor,has her license revoked.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: How is consent established in an agency
Q4: Jolene hired Lacy to find a buyer
Q5: Cameron,editor of the local newspaper,assigned to Jim
Q6: The bankruptcy of an agent automatically terminates
Q7: An agent must obey all instructions of
Q9: Chance is a traveling marketing representative for
Q10: Becky asks her friend Maggie to walk
Q11: HBR Accounting hired Denise,a CPA,to prepare tax
Q12: An agent may not engage in inappropriate
Q13: What is the best definition of a