Which of the following is not a way an agency relationship will terminate by operation of law?
A) Death
B) Bankruptcy
C) Impossibility
D) Lapse of time
E) War

Question

Quizplus · Accepted Answer

Lapse of time is a method of terminating an agency relationship by mutual agreement or as stipulated in the contract, not by operation of law. Death, bankruptcy, impossibility, and war are all events that can terminate an agency relationship by operation of law without the parties' intervention.

Which of the Following Is Not a Way an Agency