An Agent's Authority May Be Terminated on Any of the Following

question 7

Multiple Choice

An agent's authority may be terminated on any of the following situations EXCEPT

• A)at the end of a time specified in the agency agreement.
• B)on the death or insanity of either the principal or the agent.
• C)on the bankruptcy of the agent.
• D)on an event that makes performance of the agency agreement impossible.
• E)on notice by either principal or agent that they wish to end the agency agreement.

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Definitions:

Battle

A military engagement between two or more armed forces or combatants, aiming to assert dominance or achieve specific objectives.

Thirteenth Amendment

An amendment to the United States Constitution that abolished slavery and involuntary servitude, except as punishment for a crime.

Ratified

The formal approval or confirmation of an agreement, treaty, or constitution, making it officially valid.

Slavery and Involuntary Servitude

The forced labor of individuals without their consent, under threat of punishment or coercion.