Either the principal or the agent may decide to terminate the principal-agent relationship. This is known as termination by .

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Termination by agreement refers to the voluntary decision between the principal and agent to end their relationship. This decision can be made through mutual consent, expiration of a fixed term, or fulfillment of the purpose for which the relationship was established. Termination by implication refers to situations where the conduct of either party indicates an intention to terminate the relationship. Termination by operation of law occurs when external forces beyond the control of the parties result in the termination of the relationship. Termination by operation of equity is not a recognized form of termination.

Either the Principal or the Agent May Decide to Terminate