Under the Indian Contract Act, 1872, an agency is terminated by the
Section 201 recognises all three grounds: the principal may revoke the authority, the agent may renounce the agency, and death of either ordinarily terminates it. An agency…
Choose your answer
Under the Indian Contract Act, 1872, an agency is terminated by the
Answer and explanation
Correct answer D
Section 201 recognises all three grounds: the principal may revoke the authority, the agent may renounce the agency, and death of either ordinarily terminates it. An agency coupled with the agent's interest has the protection of section 202, so these are the ordinary termination rules.
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