Examlex
What is a differential threshold? Give an example of why this is relevant to marketers.
Termination Notice
A formal declaration that a contract, employment, or agreement is ending, often specifying the effective date and conditions of termination.
Actual Notification
For third parties who have previously dealt with the agent or who have begun to deal with the agent. This can be accomplished by (1) a direct personal statement to the third party or (2) a writing delivered to the third party personally, to his place of business, or to some other place reasonably believed to be appropriate.
Agency Termination
The process by which the relationship between a principal and their agent is ended, which could be due to expiration, mutual agreement, or other reasons.
Obligations
Legal or moral duties or responsibilities that an individual or entity is bound to perform or fulfill towards others.
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