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VLD [36.1K]
2 years ago
13

The only exception to the rule that says that either the principal or the agent may terminate an agency relationship at any time

arises in the situation of:_________
Social Studies
1 answer:
GuDViN [60]2 years ago
4 0

The only exception to the rule that says that either the principal or the agent may terminate an agency relationship at any time arises in the situation of death or incapacity of the agent.

What is agent?

The term agent refers to employed of the agency to represent the client for sale the polices. The agent belongs to the service sector. The agent role play as mediator to the agency and client.

The agent is terminating the agency relationship in case of various circumstances such as death of agent, withdrawal of party, not trustworthy, renunciation by Agent, and not mutual consent.

As a result, the situation of the death or incapacity of agent are terminating the principle.

Learn more about on agent, here:

brainly.com/question/7495533

#SPJ4

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In the case of reisman v. kpmg peat marwick llp, the auditors were found guilty of fraud because?
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Also examined by KPMG were the Marcam-created 1993 quarterly financial statements. None of these quarterly financial statements were ever audited by KPMG, and no audit reports, opinions, or other statements were ever made in connection with them. The Reismans and anyone else at Varnet did not receive copies of Marcam's financial statements from KPMG.

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