Regarding the Termination of an Agency,the Third Restatement

question 1

Multiple Choice

Regarding the termination of an agency,the Third Restatement:

• A) distinguishes between terminations based on death of a principal and terminations based on incapacity of the principal.
• B) applies the same rule to all causes of termination;it applies a reasonableness standard.
• C) applies the same rule to all causes of termination;it applies the actual notice standard.
• D) applies the same rule as under the Second Restatement;a principal's death automatically ends the agent's apparent authority.

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Definitions:

Jet Pumps

Mechanical devices that use a high velocity jet of fluid to entrain a lower pressure fluid and raise its pressure.

Uni-directional

Capable of moving or operating in only one direction, often used in reference to devices or mechanical components.

Maximum Twisting Force

The highest torque a rotating shaft or component can withstand without yielding or failing.

Rated Horsepower

The measure of an engine's or motor's horsepower as officially designated by the manufacturer.