Author Question: Pursuant to EC Council Directive 86/653, an economic conditions alarm is sounded by the principal ... (Read 61 times)

BRWH · **on:** Jun 24, 2018

Pursuant to EC Council Directive 86/653, an economic conditions alarm is sounded by the principal for the benefit of his or her agent:
A) to give six-months prior notice of an increase in the agent's sales quota.
B) when the inflation rate of the host country threatens to precipitate a price increase.
C) when currency exchange rates rise to a level that makes business unprofitable.
D) when sales forecasts indicate that the agent's volume of business will be significantly lower than normally expected.

Question 2

Under EC Directive 86/653, an evergreen contract occurs when the agency relationship has:
A) lasted for three or more years.
B) been continued beyond the original fixed term with no formal renewal.
C) been terminated by giving a three-month written notice.
D) all of the above.