Unless they make an agreement in advance about the term of the agreement, either party to an agency relationship has the power to terminate it at any time.

Question

Quizplus · Accepted Answer

In an agency relationship, unless there is an agreement that specifies the duration or conditions under which the relationship can be terminated, either party (the principal or the agent) has the power to end the relationship at will, at any time. This is a fundamental principle of agency law, reflecting the importance of mutual consent and trust in such relationships.

Unless They Make an Agreement in Advance About the Term