According to the Second Restatement, in which of the following situations would an agency be terminated by operation of law?

A) An outbreak of war places the principal and agent in the position of alien enemies.
B) The death of the individual principal, only upon the agent's notice of the death.
C) The agent gives notice to the principal that she is renouncing the authority given to her.
D) None of these.


A

Business

You might also like to view...

The balance sheet provides all the information an analyst wants or needs about a firm's resources and the claims on those resources

Indicate whether the statement is true or false

Business

A company's property records revealed the following information about one of its plant assets: CostSalvage ValuePurchase DateEstimated LifeDepreciation Method$450,000$30,00010/017 yearsStraight-lineCalculate the depreciation expense for the asset in Year 1 and Year 2 for the year ended December 31.Year 1________  Year 2 ________

What will be an ideal response?

Business

Retailers can use price as an adaptive mechanism with price adjustments

Indicate whether the statement is true or false

Business

Which sentence uses relative pronouns correctly?

A) ?Any team member which identifies and corrects a major process flaw is eligible for a one-week vacation bonus. B) ?Any team member that identifies and corrects a major process flaw is eligible for a one-week vacation bonus. C) Any team member who identifies and corrects a major process flaw is eligible for a one-week vacation bonus.

Business