Multiple choice

Agency stands terminated

  1. by the death, insolvency or insanity of the principal

  2. by the death, insolvency or insanity of the agent

  3. by the death, insolvency or insanity of either the principal or the agent

  4. by the death, insolvency or insanity of the principal and the agent both
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Agency stands terminated by the death, insanity or insolvency of either the principal or the agent.

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