Asked by
Shayla Blackmon
on Dec 18, 2024Verified
Which of the following is not a way an agency relationship will terminate by acts of the parties?
A) Fulfillment of purpose
B) Change in circumstances
C) Mutual agreement by the parties
D) Renunciation by the agent
E) Agency coupled with interest
Agency Coupled with Interest
A legal arrangement where an agent is given an irrevocable power or authority due to a vested interest the agent has in the subject of the agency.
Fulfillment of Purpose
The achievement or realization of an intended objective or reason for something's existence or creation.
- Acquire knowledge on the subject of agency relationships, focusing on the methods of their creation, management, and conclusion.
Verified Answer
TK
Learning Objectives
- Acquire knowledge on the subject of agency relationships, focusing on the methods of their creation, management, and conclusion.