Asked by
Brooke Giessen
on Nov 21, 2024
Verified
John hired Alex to fly to California and drive back a new car he purchased. Alex successfully drove the car back and John was satisfied with Alex's services. Has the agency relationship terminated?
A) Yes, by fulfillment of purpose.
B) No, John must put the termination in writing.
C) No, John must put the termination in form of a publication.
D) Yes, by lapse of time.
E) Yes, by mutual agreement of the parties.
Fulfillment of Purpose
The achievement or realization of the intended goal or function of something.
Mutual Agreement
is a consensus or a contract reached between two or more parties, often indicating a shared understanding or intent.
- Understand the notion of agency relationships, including their formation, operation, and termination processes.
Verified Answer
BF
Learning Objectives
- Understand the notion of agency relationships, including their formation, operation, and termination processes.