Asked by Jacob Corpening on May 26, 2024
Verified
Actual notice of agency termination may never be given orally.
Actual Notice
A legal term referring to the direct and clear knowledge about a fact or situation.
Orally
Orally means communicated or expressed through spoken words rather than in written form or by any other means of communication.
- Identify the criteria necessary for effectively ending an agency relationship and the significance of informing third parties.
Verified Answer
DC
Dessy ChristinaMay 31, 2024
Final Answer :
False
Explanation :
Actual notice of termination is given when third parties are directly informed,orally or in writing,that an agency agreement has terminated.
Learning Objectives
- Identify the criteria necessary for effectively ending an agency relationship and the significance of informing third parties.
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