Agency

What is the term for the cancellation of an agency relationship by mutual agreement of both parties in Idaho?

ARevocation
BRescission
CTermination by mutual consent✓ Correct
DAbandonment

Explanation

Termination by mutual consent occurs when both the principal (client) and the agent agree to end the agency relationship. Either party may also revoke or renounce unilaterally, though there may be legal consequences.

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