Which of the following is false regarding revocation of the authority of an agent and renunciation by an agent?
A) At any time, a principal can revoke an agent's authority.
B) A principal's revocation of an agent's authority might be a breach of contract entitling the agent to damages.
C) An agent can terminate the agency relationship by renouncing the authority given to the agent.
D) An agent's renunciation of a contract might be a breach of contract entitling the principal to damages.
E) If an agent has breached a fiduciary duty to the principal, the principal can revoke the agent's authority, but the agent may be entitled to damages.
Correct Answer:
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