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 86 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
Thanks for the timely response, appreciate it


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

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