Agency
In Michigan, an agent's authority to act for their principal may be terminated by which of the following?
AExpiration of the listing agreement
BMutual consent to terminate
CDeath or incapacity of the principal
DAll of the above✓ Correct
Explanation
Agency may be terminated by: expiration of the agreement, mutual consent, completion of the task, death or incapacity of either party, or renunciation/revocation. All options listed are valid grounds for termination.
Related Michigan Agency Questions
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