In the Absence of Some Specific Contractual Requirement, an Agency

question 15

Multiple Choice

In the absence of some specific contractual requirement, an agency arrangement may be terminated by

• A)the agent giving notice to the third parties it has contracted with for the principal
• B)the principal giving notice by newspaper advertisement that the agency relationship is over
• C)the principal and agent disagreeing about any issue whatsoever
• D)the performance of the agency becoming more difficult than first imagined
• E)the principal giving notice to the agent that the agency agreement is terminated

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Definitions:

Legal And Illegal

Terms that distinguish between actions or practices that are authorized or forbidden by law, respectively.

Representation Election

A voting process in which employees decide whether or not they want to be represented by a particular labor union.

Employees

Individuals who work for another person or company in exchange for compensation, under the direction and control of their employer.

NLRB

The National Labor Relations Board, a U.S. government agency responsible for enforcing U.S. labor laws in relation to collective bargaining and unfair labor practices.