Termination is an important issue for business owners and managers because termination of the agency relationship also terminates the principal's duties and obligations to the agent and to __________.

Question

Quizplus · Accepted Answer

Termination of the agency relationship ends the principal's duties and obligations not only to the agent but also to third parties who were involved or affected by the actions of the agent on behalf of the principal.

Termination Is an Important Issue for Business Owners and Managers