(I) Capital market securities fall into two categories: bonds and stocks. (II) Long-term bonds include government bonds and long-term notes, municipal bonds, and corporate bonds

Conventions are legally binding agreements between states sponsored by international organizations

Indicate whether the statement is true or false

If the principal terminates the agency: ______

A) the agent's authority to act for the principal is terminated automatically. B) the right of the agent to bind the principal to third persons generally ends immediately. C) the termination is not effective until notice is given to third parties. D) the termination is not effective until the agent receives the notice.