An agency coupled with an interest means:
A) either party may terminate the agency at any time.
B) the agency may not be able to recover the debt in the event of the principal's death.
C) the agency is irrevocable without the consent of the agent.
D) each party has the power to terminate without breach of contract if done so within 18 months.

Question

Quizplus · Accepted Answer

An agency coupled with an interest is one exception to the general rule that either party has the power to terminate an agency. It arises when the power is given as a security. Such an agency is irrevocable without the consent of the agent.

An Agency Coupled with an Interest Means