Which of the Following Statements Is True? Agency Agreements

question 36

Multiple Choice

Which of the following statements is true? Agency agreements

• A) may only be terminated by notice given, or by the death, insanity, bankruptcy of either principal or agent.
• B) are agreements of utmost good faith on the part of the agent.
• C) if arising other than through operation of law or by necessity, must be in writing to be valid.
• D) would not include, by definition, Powers of Attorney.