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:

Developmental period

A specific time frame in an individual's life during which significant growth or change occurs, often categorized by stages in physical, emotional, or cognitive development.

Adolescence

A transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Growth spurt

A rapid period of growth in height and weight, often occurring during puberty.

Adolescence

This is a critical phase of development where individuals experience both bodily and psychological growth, beginning at puberty and continuing until they are recognized as adults by law.