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Henry Owns a Movie Production House Which Is Represented by a BigLaw

Question 38

Multiple Choice

Henry owns a movie production house which is represented by a BigLaw Firm.He also owns a shipping agency which is represented by Chase Bank.The agency relationships will be terminated by the bankruptcy of which of the parties?


A) The bankruptcy of Henry will terminate the agency relationship.
B) The bankruptcy of the law firm will terminate the agency relationship.
C) Both Henry and Chase must be bankrupt to terminate the agency.
D) The bankruptcy of the movie production house will terminate the agency relationship.

Correct Answer:

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