Which of the following will terminate an agency coupled with an interest?
A)The death of the principal.
B)The bankruptcy of the principal.
C)The incapacity of the principal.
D)None of the above will terminate such an agency.

Question

Quizplus · Accepted Answer

An agency coupled with an interest is not terminated by the death, incapacity, or bankruptcy of the principal because the agent has a vested interest in the subject matter of the agency.

Which of the Following Will Terminate an Agency Coupled with an Interest