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Laws Of Agency Fiduciary DutiesAgency_and_fiduciary_dutiesHARD

All of the following terminate an agency relationship, except:

Correct Answer

C) Refusal to perform by the agent or principal.

Agencies terminate by completion, expiration, revocation, death, or bankruptcy - not by transfer.

Answer Options
A
Destruction of the subject property.
B
Death or incapacity of the agent or principal.
C
Refusal to perform by the agent or principal.
D
Completion of the purpose of the employment.
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Related Topics & Key Terms

Related Topics:

agency-creationfiduciary-dutiescontract-breachreal-estate-contracts

Key Terms:

agency terminationCalifornia agency lawbreach of agencyfiduciary relationshiplisting agreement termination
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