Author Question: If the principal and agent agree in advance how long their relationship will last, their agreement ... (Read 54 times)

c0205847 · **on:** Jun 24, 2018

If the principal and agent agree in advance how long their relationship will last, their agreement is called
A)an agency at will.
B)an agency of purpose.
C)an express agreement.
D)a term agreement.

Question 2

A back-to-back letter of credit is actually two letters of credit used as a financing device.
Indicate whether the statement is true or false