The bankruptcy of which party or parties will cause an agency to terminate?
A) the principal only
B) the agent only
C) either the principal or the agent
D) neither the principal nor the agent
Correct Answer:
Verified
Q51: Incidental authority is a kind of:
A) express
Q52: When an agent terminates an agency arrangement,the
Q53: An express written agency agreement that is
Q54: In the context of agency,ratification refers to:
A)
Q55: Apparent authority can be best described as
Q57: If the law changes such that the
Q58: Which of the following is not one
Q59: An express agency requires:
A) a written agreement
Q60: In an agency for a fixed term,such
Q61: Why can apparent agency be created only
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