When is an agency relationship irrevocable?
A) It is never irrevocable.
B) When the principal violates his duties to the agent.
C) When the agency is coupled with an interest of the agent in the subject matter.
D) When the agent is a fiduciary.

Question

Quizplus · Accepted Answer

An agency relationship is irrevocable when the agency is coupled with an interest of the agent in the subject matter. This means the agent has some legal right or interest in the property that is the subject of the agency, making the agency relationship not terminable at the will of the principal.

When Is an Agency Relationship Irrevocable