Which of the following is NOT a reason that an agency relationship would be terminated?

Question

Quizplus · Accepted Answer

An agency relationship continues as long as both the principal and the agent so desire. It can be terminated by mutual agreement, fulfillment of the purpose of the agency, the refusal of either party to continue in the relationship, or the death of either the principal or the agent. In most cases, a principal grants authority to the agent through a formal power of attorney, which is a legal document authorizing a person to act as someone else's agent. Granting a power of attorney does not terminate the agreement.

Which of the Following Is NOT a Reason That an Agency