Asked by
Ashkan Moein Afshar
on Nov 01, 2024
Verified
An agent can only terminate an agency relationship by a written renunciation.
Agency Relationship
A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.
- Discern the circumstances prompting the conclusion of agency relationships and the resultant effects of termination strategies.
Verified Answer
NB
Learning Objectives
- Discern the circumstances prompting the conclusion of agency relationships and the resultant effects of termination strategies.