When the Parties Do Not Agree on the Duration of the Agency

question 42

Multiple Choice

When the parties do not agree on the duration of the agency and the agent has incurred substantial expenses in completing the agency,a court will likely hold that:

• A)the agency relationship must be terminated immediately to avoid unjust enrichment.
• B)the principal cannot terminate the agency until after the agent has had a reasonable time to try to earn the expected commission.
• C)only the principal can terminate the agency and the courts cannot hold him liable for any expenses incurred by the agent during the agency period.
• D)the principal will be required to indemnify the agent if some fault of the agent causes a loss.

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Definitions:

Copy Constructor

In object-oriented programming, a constructor that sets up a new object by copying values from another object of the identical class.

Book Class

Represents a blueprint for creating instances or objects related to books in object-oriented programming.

Accessor Methods

Methods in object-oriented programming that are used to get or retrieve the value of an object’s attributes.

Mutator Methods

Methods used to modify or manipulate the state of an object, typically by setting the value of its instance variables.