Which of the Following Is False Regarding Revocation of the Authority

question 54

Multiple Choice

Which of the following is false regarding revocation of the authority of an agent and renunciation by an agent?

• A)If an agent has breached a fiduciary duty to the principal,the principal can revoke the agent's authority;but the agent may be entitled to damages.
• B)An agent can terminate the agency relationship by renouncing the authority given to the agent.
• C)At any time a principal can revoke an agent's authority.
• D)A principal's revocation of an agent's authority may result in a breach of contract entitling the agent to damages.
• E)An agent's wrongful ending of the agency relationship may be a breach of contract entitling the principal to damages.

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