Asked by
Donny Cawthon
on Nov 30, 2024
Verified
A principal may generally revoke the authority of an agent at any time.
Revoke The Authority
The act of formally withdrawing or cancelling a previously granted power or legal right, usually by the entity that granted it.
Principal May
An ambiguous term that could refer to the permissive actions or rights of a principal in legal, financial, or educational contexts; however, without more context, a specific definition cannot be provided. Likely a misinterpretation or incomplete term, hence treated as NO.
- Comprehend the specific situations in which an agency relationship begins and ends, and the legal framework surrounding these events.
Verified Answer
PA
Learning Objectives
- Comprehend the specific situations in which an agency relationship begins and ends, and the legal framework surrounding these events.