Examlex
A scale's level of measurement may be:
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.
Constructive Notification
For third parties who have previously dealt with the agent or who have begun to deal with the agent. This is accomplished by advertising the agency’s termination in a newspaper of general circulation in the place where the agency business regularly was carried on.
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