Which of the Following Is False Regarding Revocation of the Authority

question 34

Multiple Choice

Which of the following is false regarding revocation of the authority of an agent and renunciation by an agent?

• A) At any time a principal can revoke an agent's authority.
• B) A principal's revocation of an agent's authority may result in a breach of contract entitling the agent to damages.
• C) An agent can terminate the agency relationship by renouncing the authority given to the agent.
• D) An agent's wrongful ending of the agency relationship may be a breach of contract entitling the principal to damages.
• E) If an agent has breached a fiduciary duty to the principal, the principal can revoke the agent's authority; but the agent may be entitled to damages.

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Definitions:

Chemical Reaction

A process in which substances interact, leading to the formation of new substances with different properties.

Molecular Bonds

Molecular bonds are attractive forces that hold atoms together in molecules, including ionic, covalent, and hydrogen bonds among others.

Reactants

are substances initially present in a chemical reaction that are consumed during the reaction to make products.

Products

Substances formed as a result of a chemical reaction, found on the right side of a chemical equation.