When a principal terminates an agency arrangement, the principal's action is called:

A) Renunciation of authority.
B) Reaffirmation of authority.
C) Revocation of authority.
D) Rejection of authority.
E) Reacquisition of authority.

C

Business

You might also like to view...

When a company contacts an applicant during any phase of the interview process, how soon should the candidate respond before they risk losing the opportunity?

A) Within the same business day B) Within 24 hours C) Within 2 business days D) Within 72 hours E) Within the same week

Business

Which of the following is true with regard to indirect coordinating mechanisms?

A) Indirect coordinating mechanisms do not include feedback reports. B) Indirect coordinating mechanisms typically include visits by head-office personnel. C) Indirect coordinating mechanisms typically include sales quotas. D) Indirect coordinating mechanisms include regular meetings to allow employees around the world to consult and troubleshoot.

Business