Which of the Following Is True Regarding Notice of Termination

question 54

Multiple Choice

Which of the following is true regarding notice of termination of an agency relationship?

• A) Notice of termination of an agency relationship must be given by actual notice.
• B) Depending on the circumstances, notice of termination can be actual or constructive.
• C) Notice of termination of an agency must be given in writing.
• D) Actual notice of termination of an agency relationship is not needed once 30 days have passed since the termination because at that point notice is presumed.
• E) Actual notice of termination of an agency relationship is not needed once 60 days have passed since the termination because at that point notice is presumed.

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Definitions:

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Tires that are manufactured outside a country and are brought in through trade.

Stimulus Plan

A package of economic measures put together by a government to stimulate a floundering economy.

Immigration

The action of coming to live permanently in a foreign country.

Foreign Tourists

Visitors from other countries who travel to a different country for leisure, business, or other purposes, contributing to the host country's economy.