When an Agency Relationship Is Terminated,the Principal Has a Duty

question 28

True/False

When an agency relationship is terminated,the principal has a duty to personally notify third parties who knew of its existence.

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Definitions:

Tying Contracts

Agreements where the sale of one product is conditional on the purchase of another product.

Treated

Subjected to a process or treatment, in the context of material, data, or medical treatment, with the aim of changing its properties or outcomes.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on the willingness to pay.