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General Principles Of AgencyCreation_and_terminationEASY

Elena Bailey fires the broker before the listing term ends even though the broker did nothing wrong. What is the seller's act called?

Correct Answer

C) Revocation by principal

Revocation by principal is correct because the facts match the principal's termination of the agency relationship before the agreed task is completed, subject to any contractual consequences. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Termination by death or incapacity
B
Renunciation by agent
C
Revocation by principal
D
Termination by destruction of the subject property

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Related Topics & Key Terms

Key Terms:

creation_and_terminationagencyterminationrevocation
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