An agency will terminate on the occurrence of all but which one of the following?
A) The goal of the agency is accomplished.
B) The agent decides to quit.
C) The subject matter of the agency is destroyed.
D) The principal leaves the country.

Question

Quizplus · Accepted Answer

The termination of an agency occurs when the subject matter of the agency is destroyed, the goal is accomplished, or the principal dies or becomes incapacitated. The agent quitting does not necessarily terminate the agency, as the principal may still need the services of another agent. However, if the principal leaves the country permanently or for an extended period, then the agency will terminate as the agent will no longer be able to perform their duties in the principal's absence.

An Agency Will Terminate on the Occurrence of All but Which