Explain the different ways in which an agency contract could be terminated between a principal and an agent

What will be an ideal response?


An agency contract between a principle and an agent may be terminated by completion of the agency contract, reaching the end date of the agency agreement, by mutual agreement of the principles and agent, by breach of contract, or when an agent of the principle passes away.

Trades & Technology

You might also like to view...

How can the ohm value of a fixed resistor be determined?

What will be an ideal response?

Trades & Technology

Correction factors for reductions due to high ambient temperatures are found in _____.

a. NEC Chapter 9, Table 8 b. NEC Section 210.21 c. NEC Table 310.15(B)(2)(a) and (b) d. NEC Chapter 9, Table 1

Trades & Technology

Technician A says that major sources of chemical dangers are from solvents containing chlorinated hydrocarbons. Technician B says that the use of heptane or xylene helps to protect the ozone layer. Which technician is correct?

A) Technician A only B) Technician B only C) Both technicians D) Neither technician

Trades & Technology

Mechanical fade is NOT a problem with disc brakes because ________

A) Disc brake use power boosters B) Disc brake pads have a lower friction coefficient C) Disc brakes have a relatively small swept area D) The brake rotor expands toward the brake linings as it heats up

Trades & Technology