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Author Question: An agency will be terminated in all but which one of the following situations? A)The principal and ... (Read 103 times)

fnuegbu

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on: Jun 24, 2018
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


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bhavsar

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


fnuegbu

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Reply 2 on: Jun 24, 2018
Excellent

ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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