Question: Create fictional scenarios based on how a contract can be terminated by the agency. 1. Terminated by acts of the parties: 1. Original agreement 2.

Create fictional scenarios based on how a contract can be terminated by the agency.

1. Terminated by acts of the parties:

1. Original agreement

2. Subsequent agreement

3. Revocation

4. Renunciation by the agent

1. The agency may be terminated by operation of law by:

1. Subsequent illegality

2. Death or incapacity of either the principal or the agent

3. Destruction of the subject matter

4. Bankruptcy of the principal

5. Dissolution of a corporation

6. War

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!