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:

Claustrophobia

A disorder characterized by an intense fear of being in enclosed or narrow spaces.

Agoraphobia

A type of anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or help might not be available, especially in open or public places.

Acrophobia

An intense fear of heights, often leading to significant anxiety, avoidance behavior, and impairment in daily tasks or activities.

Barophobia

An irrational fear of gravity or the feeling experienced in situations where gravity might be absent or significantly altered.