Author Question: If the principal terminates the agency: ______. A) the agent's authority to act for the principal is ... (Read 187 times)

justinmsk · **on:** Jun 24, 2018

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.

Question 2

Many former gas stations have been designated as Superfund sites because of the underground storage tanks located there.
Indicate whether the statement is true or false