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.
B
Business
You might also like to view...
Which of the following is NOT an ethical concern of promotion?
a. is promotion deceptive? b. does promotion unnecessarily increase prices consumers have to pay? c. does promotion create needs? d. does promotion encourage materialism? e. does promotion provide customers with information?
Business
Characteristics that influence attitudes include all of the following EXCEPT ________
A) religion B) social class C) education D) heredity
Business