Solved

If the Principal Terminates the Agency: ______

Question 53

Multiple Choice

If the principal terminates the agency: ______.


A) the agent's authority to act for the principal is terminated automatically.
B) the right of the agent to bind the principal to third persons generally ends immediately.
C) the termination is not effective until notice is given to third parties.
D) the termination is not effective until the agent receives the notice.

Correct Answer:

verifed

Verified

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

Related Questions