Which of the Following Is an Example of Terminating the Agency

question 21

Multiple Choice

Which of the following is an example of terminating the agency relationship by an express act?

• A) The principal calls the agent and tells her to stop working.
• B) The principal dies.
• C) The principal files for bankruptcy.
• D) The thing the agent was hired to work on is destroyed in a fire.

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Definitions:

Organizations

Entities comprising individuals working together to achieve shared goals or objectives.

Functional Design

An approach in design that emphasizes developing products, systems, or structures with their intended purpose or function as the primary consideration.

Geographic Design

The strategic arrangement of physical locations, facilities, and infrastructure to optimize an organization’s operations across different geographic areas.

Product Design

The process of conceptualizing and creating a new product to be sold by a business to its customers, focusing on functionality, appearance, and user experience.