When termination of Agency Relationship occur
When termination of Agency Relationship occur?
Expert
Termination of an agency relationship may occur in a number of ways:
a. At the end of a time, event, or project specified in the agency agreement;
b. On notice by either party; or
c. By circumstances; for example, it becomes impossible for the agent to perform tasks, the principal or the agent dies or becomes insane, or the principal becomes bankrupt.
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