When a principal terminates an agency arrangement,the principal's action is called:
A) revocation of authority
B) rejection of authority
C) renunciation of authority
D) reaffirmation of authority
E) reacquisition of authority
Correct Answer:
Verified
Q41: What is the effect of an agent
Q42: An agency arrangement can be terminated by:
A)
Q43: Where an employer makes use of a
Q44: An express agency arrangement can be formed
Q45: Implied authority can be best described as
Q47: Where the principal makes representations to a
Q48: An agency arrangement based on the conduct
Q49: The death of which party or parties
Q50: An agent negotiates a contract with a
Q51: Incidental authority is a kind of:
A) express
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents