If no time or event is specified explaining when the agency relationship will end, the agency:
A) will continue indefinitely.
B) will continue for the statutory maximum of 10 years.
C) automatically ends when the result for which the agency was created has been accomplished.
D) automatically ends after a period of 70 days even if the result for which the agency was created has not been accomplished.

Question

Quizplus · Accepted Answer

A well-drafted agency agreement usually will discuss when or how the agency is to end. The relationship then will terminate at the time or on the happening of an event stated in the contract. If no time or event is specified, then the agency automatically ends when the result for which the agency was created has been accomplished.

If No Time or Event Is Specified Explaining When the Agency