Which of the following is true of a direct notice of termination?

Question

Quizplus · Accepted Answer

A direct notice of termination is typically given to all persons with whom an agent dealt, not just to the employer or principal. This is done to ensure that everyone is aware of the termination and to prevent any future claims of authority by the agent. It can be given orally or in writing, and is not limited to employer-employee relationships. It can also be executed at any time, not just after the death of the agent or principal.

Which of the Following Is True of a Direct Notice