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:

Intranet

A private network accessible only by an organization's staff, primarily used to share information, operational systems, or services within the company.

Monotony

A situation or series of experiences that are dull and repetitious due to lack of variety and interest.

Sentence Balance

The arrangement of words and phrases in a sentence to ensure equal and symmetrical grammatical structure, often for emphasis or rhythm.

Direct Strategy

A straightforward approach aimed at achieving an objective without any diversions or detours.