Which of the Following Would Result in the Termination of Agency

question 81

Multiple Choice

Which of the following would result in the termination of agency by act of the parties?

• A)The principal suffers a permanent loss of capacity.
• B)A specified result has been accomplished.
• C)The agent declares personal bankruptcy.
• D)The agent loses capacity or dies.

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Definitions:

Mutually Beneficial Relationships

Relationships in which all parties involved gain advantages or value out of the association, fostering cooperation and positive dynamics.

Survive Attacks

The ability to withstand or get through aggressive actions or criticisms without succumbing or failing.

Positive Note

An optimistic or hopeful message, often used to conclude a communication in a pleasant manner.

Negative News

Information or messages that convey unfavorable, disappointing, or adverse developments.