If the Principal Terminates the Agency: ______

question 53

Multiple Choice

If the principal terminates the agency: ______.

• A) the agent's authority to act for the principal is terminated automatically.
• B) the right of the agent to bind the principal to third persons generally ends immediately.
• C) the termination is not effective until notice is given to third parties.
• D) the termination is not effective until the agent receives the notice.

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Definitions:

Poor People

Individuals or groups living below the poverty line, lacking sufficient financial resources for basic needs such as food, shelter, and healthcare.

Role-taking Opportunities

Chances or situations in which an individual assumes the perspectives or roles of others, enabling empathy and understanding of different viewpoints.

Moral Development

The process through which individuals learn to distinguish right from wrong and to develop attitudes and behaviors that are consistent with societal norms and personal principles.

Family Decision Making

The process by which decisions are made in the family unit, considering the perspectives and influences of various family members.