Question
Which of the following is not a valid reason for the
termination of an agency?Solution
Explanation: : Contract Act 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 agentdying 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.
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