Question

A contract of Agency can be terminated by the principal revoking his authority; or by the agent renouncing the business of the agency; or by the business of the agency being completed; or by either the principal or agent dying or becoming of unsound mind; or______________

Q: Answer-A contract of Agency can be terminated by the principal revoking his authority; or by the agent reno...

Section 201. Termination of agency- An agency is terminated by the principal revoking his authority or by the agent renouncing the business of the agency or by the business of the agency being completed or by either the principal or agent dying or becoming of unsound mind or by the principal being adjudicated an insolvent under the provisions of any Act for the time being in force for the relief of insolvent debtors.

A By the principal being adjudicated an insolvent under the provisions of any Act for the time being in force for the relief of insolvent debtors

B By the agent being adjudicated an insolvent under the provisions of any Act for the time being in force for the relief of insolvent debtors

C By either party being adjudicated an insolvent under the provisions of any Act for the time being in force for the relief of insolvent debtors

D By the third person being adjudicated an insolvent under the provisions of any Act for the time being in force for the relief of insolvent debtors

E None of the above

Practice Next

More Administrative Interpretation and Maxims Questions

Grounds of revocation of succession certificate are prescribed under:
A suit is instituted by:
Which of the following provision of Cr.P.C empowers the magistrate to visit and inspect any place in Which the offence is alleged to have been committed ?
According to Section 101 of the Bharatiya Sakshya Adhiniyam, 2023, which statement correctly defines the burden of proof?
The good faith of a sale by a client to an attorney is in question in a suit brought by the client. The burden of proving the good faith of the transaction...
Which of the following is not an essential of partnership ?
Change in the nature of the obligation in a contract is known as :
What is the word for "the study of ancient societies, cultures, and civilizations"?
The liquidator shall hold the liquidation estate as a fiduciary for the benefit of_______________
The punishments to which offenders are liable under the provisions of the IPC are_____________

Hey! Ask a query

A contract of Agency can be terminated by the principal revoking his authority; or by the agent renouncing the business of the agency; or by the business of the agency being completed; or by either the principal or agent dying or becoming of unsound mind; or______________

Detailed Solution

More Administrative Interpretation and Maxims Questions

Hey! Ask a query

Please Register/Login