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Which of the Following Is True of Termination of Agency

Question 37

Multiple Choice

Which of the following is true of termination of agency by operation of law?


A) The principal's permanent loss of capacity ends the agency only if the agent is given notice.
B) The bankruptcy of the agent automatically terminates the agency relationship.
C) Termination by the death of the principal is effective only when the agent has notice of the principal's death.
D) The death of an individual agent does not terminate the agency relationship if the principal is not an individual.

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