Which of the Following Is True Regarding Notice of Termination

question 21

Multiple Choice

Which of the following is true regarding notice of termination of an agency relationship?

• A)Depending on the circumstances,notice of termination can be actual or constructive.
• B)Notice of termination of an agency relationship must be given by actual notice.
• C)Notice of termination of an agency must be given in writing.
• D)Actual notice of termination of an agency relationship is not needed once 60 days have passed since the termination because at that point notice is presumed.
• E)Actual notice of termination of an agency relationship is not needed once 30 days have passed since the termination because at that point notice is presumed.

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Definitions:

Otto von Bismarck

A German statesman who served as Prime Minister of Prussia and was the first Chancellor of the German Empire, known for his role in the unification of Germany.

East Africa

A region of Africa that includes countries along the eastern coast and nearby islands, known for its diverse cultures, languages, and ecosystems.

Karl Peters

A German colonial ruler, associated with the establishment of German East Africa, and known for his aggressive and brutal methods of colonization.