AgencyHARD
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.Video Explanation3 min
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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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