Multiple Choice
Which statement is false regarding termination of agency based on operation of law?
A) An agency agreement is terminated whenever the agent,unknown to the principal,acquires an interest against the principal's interest.
B) A change in law passed subsequent to the formation of an agency agreement may not result in termination of the agency agreement.
C) The agency agreement is terminated if the agent breaches the duty of loyalty he or she has to the principal.
D) If there is an unusual change in circumstances that leads the agent to believe that the principal's instructions do not apply,the agency relationship terminates.
E) Impossibility of performance terminates the agency relationship.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: There are two basic types of power
Q5: If a manager has business transactions in
Q7: Which of the following is true if
Q9: Courts must first identify whether property damage
Q9: Which of the following represented the position
Q13: Under the UCC,if an agent enters into
Q47: Agent liability not only applies to how
Q48: Provide the rationale behind the doctrine of
Q52: Lena, who was angry with her business
Q87: Vicarious liability is assigned liability without fault.