Once a Relationship of Agency Has Been Brought to an End

question 38

Multiple Choice

Once a relationship of agency has been brought to an end:

• A)The agent may still have actual authority to act on behalf of the principal.
• B)The principal may still be liable for acts of the agent that are committed whilst the agent is acting within the scope of their apparent authority.
• C)The principal may still be liable for acts of the agent that are committed whilst the agent is acting within the scope of their implied authority.
• D)The principal will be liable to third parties in respect of acts of their agent in any case in which they have not notified the third party in writing that the agent is no
• Longer acting for them.

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Definitions:

Profession

An occupation requiring specialized knowledge and often long and intensive academic training.

Civil Law

A system of law based on a code rather than case law, often originally from the Roman Empire, the predominant system of law in the nations of continental Europe and the nations that were once their colonies.

Duties

Obligations or tasks that one is bound to perform as part of a job role, legal requirements, or moral commitments.

Citizens

Individuals who are legally recognized as members of a country, with specific rights and obligations under the country's law.