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.
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Answer:
Option B is true
Explanation:
There is an inefficient use of resources as depicted and hence there is a wide gap in supply and demand. Hence point B is correct
Point A depicts that due to higher demand of consumer good, there is a need to enhance the efficiency to meet the market demand. Thus option A is in correct partially
The opportunity cost of point C is higher than point B thus option C is incorrect.
Answer:
correct answer is headlight
Explanation:
when we moving on road and if we want turn either left or right side
we give sign by side light and by the early 80's motorcycle run with headlight
so when we scan in mirror we can identify approaching motorcycle movement by headlight
but we can't identify by wheel or rider etc
so here correct answer is headlight
