Question

In: Economics

what are consenquences of termination of agency

what are consenquences of termination of agency

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Expert Solution

Answer:- Termination of agency is said when the legal relationship between principal and agent comes to an end.The consequences of termination of agency are that as far as principle and agents are concerned, rights vested at the time of termination will subsist but no new right can be created atleast ones the agent has notice of the termination. Where the agency was created by agrement it will be determinable in same way.


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