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This question belongs to Commerce Legal Aspects Of Business

Legal Aspects of Business

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Which of the following statement is correct with regard to the termination of agency in which the agent himself has an interest in the subject matter?

A) Such an agency can be terminated by the principal at his will B) Such an agency can be terminated on the death or insanity of the principal C) Such an agency cannot be terminated at all D) Such an agency can be terminated only upon an express contract to the said effect

Answer & Solution

Correct Answer: Option D

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