Question

Which of the following is not a valid reason for the

Q: Answer-Which of the following is not a valid reason for the termination of an agency?

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.

termination of an agency?

A Revocation of authority by the principal

B Renunciation of the agency by the agent

C Completion of the business of the agency

D Either party being adjudicated bankrupt

E The principal being convicted of a crime

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Solution