Which of the Following Does Not Automatically Terminate an Agency

question 65

Multiple Choice

Which of the following does not automatically terminate an agency?

• A) bankruptcy of the agent
• B) bankruptcy of the principal
• C) supervening illegality
• D) death of the agent
• E) death of the principal

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Definitions:

Universal Portability

A concept often related to social security or benefits systems, allowing individuals to retain their benefits or rights across different jobs, regions, or countries.

CPP

The Canada Pension Plan, a social insurance program requiring contributions from Canadian workers and employers to provide retirement, disability, and survivor benefits.

QPP

The Quebec Pension Plan, a public retirement plan for individuals in Quebec to provide financial security when they retire.

Employment Insurance (EI)

A social welfare program that provides temporary financial assistance to unemployed workers who meet certain eligibility criteria.