When Is an Agency Relationship Irrevocable

question 56

Multiple Choice

When is an agency relationship irrevocable?

• A) It is never irrevocable.
• B) When the agency is coupled with an interest of the agent in the subject matter.
• C) When the principal violates his duties to the agent.
• D) When the agent is a fiduciary.

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Definitions:

Mnemonic Devices

Tools or techniques that aid in the memorization or retrieval of information, often by making connections between new information and information already stored in memory.

Method Of Loci

A memorization method that requires the learner to visualize an ordered series of physical locations as mnemonic cues for a list of information.

Pegword Method

A mnemonic device that involves linking words with numbers to remember a list of items in order by associating them with pre-memorized peg words.

Dual-Coding Hypothesis

A cognitive theory that suggests information is stored in either or both verbal and visual systems, enhancing memory and learning.