Which of the following is not necessarily a means may an agency relationship be terminated?
A) Fulfillment of purpose
B) Occurrence of a specific event
C) Revocation of authority
D) Insolvency of the principal
E) Renunciation by the agent

Question

Quizplus · Accepted Answer

An agency relationship can be terminated in a number of ways including fulfillment of purpose, occurrence of a specific event, revocation of authority, and renunciation by the agent. Insolvency, the inability to pay debts or the condition in which liabilities outweigh assets, does not necessarily result in the termination of the agency relationship.

Which of the Following Is Not Necessarily a Means May