Question
Which of the following is not a valid reason for the
termination of an agency?Solution
Explanation: : Contract Act Section 201.Ā Ā 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 businessĀ ofĀ theĀ agencyĀ beingĀ completed;Ā orĀ byĀ eitherĀ theĀ principalĀ orĀ agentdyingĀ 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.
More Law of Contracts Questions
- Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____
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