This topic contains a solution. Click here to go to the answer

Author Question: An agency will be terminated in all but which one of the following situations? A)The principal and ... (Read 137 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
An agency will be terminated in all but which one of the following situations?
 A)The principal and agent agree on an agency relationship to sell a boat, and the boat is sold.
 B)A travel agent files for individual bankruptcy under Chapter 13.
 C)The agent violates his duty of loyalty.
 D)An electrician, an agent of a contractor, has her license revoked.

Question 2

The seller's bank acting as an advising bank agrees to transmit the funds received from the buyer's bank to the seller provided the terms of the letter of credit have been satisfied completely.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

B

Answer to Question 2

TRUE




fnuegbu

  • Member
  • Posts: 539
Reply 2 on: Jun 24, 2018
:D TYSM


nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library