Business, 14.05.2021 16:40 jameslinimk
Agency law is similar to contract law in that both an agency and a contract may be terminated by the parties or by operation of law.
a. True
b. False
One or more parties may terminate an agency relationship by placing into the agreement a time period for termination. When that time , the agency ends. In addition, the parties can specify that the agency is for a particular . Once that is achieved, the agency ends. Alternatively, the parties can include a specific event as a trigger for termination; once that event , the agency ends. The parties can terminate an agency relationship prior to any of the preceding events by agreement, or revocation by individual party.
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