Which of the following is true of an agency coupled with an interest?

Question

Quizplus · Accepted Answer

An agency coupled with an interest is created for the benefit of the agent, not the principal. It is also irrevocable by the principal alone, meaning the agent's interest in the agency cannot be terminated by the principal before completion. This type of agency can only be terminated by mutual consent of both the principal and the agent, or by the death or incapacity of the agent.

Which of the Following Is True of an Agency Coupled