A principal has the power to terminate an agency relationship at any time.

Name: A principal has the power to terminate an agency relationship at any time.
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Question

Quizplus · Accepted Answer

As the principal is the one who hires the agent and grants them the authority to act on their behalf, they also have the power to revoke or terminate that authority at any time, as long as they provide proper notice to the agent. This is known as the doctrine of the termination of agency.

A Principal Has the Power to Terminate an Agency Relationship