Answer:
An agent’s authority can be terminated at any time. If the trust between the agent and the principal has broken down, it is not reasonable to allow the principal to remain at risk in any transactions that the agent might conclude during a period of notice.
Agency can be terminated by the following ways:
By Agreement
On the basis that agency relationship is created by agreement between the principal and the agent, such a relationship can also be brought to an end by mutual agreement between the parties, either in writing or orally.
Termination by agreement may also occur if the agency relationship is terminated pursuant to the provisions of the agreement itself. The following situations may arise in this context:
If the agreement provides for the appointment of the agent for a specified period of time, the agency will come to an end automatically when that period of time expires.
If the agreement provides for the agency to terminate upon the occurrence of a specified event, the agency will come to an end upon the happening of the specified event.
By The Act Of Parties
An agency may be terminated by the acts of either the principal or the agent as illustrated below:-
Performance by the agent
If an agent is appointed to accomplish a particular task or for a specific purpose, when the task is accomplished by the agent or the specific purpose is attained, the agency will terminate.
Revocation by the principal
The authority of an agent may be revoked at any time by the principal. However unilateral revocation otherwise than in accordance with the provisions of the agency agreement may render the principal liable to the agent for the breach of an agency agreement.
Any word or conduct of the principal inconsistent with the continued exercise of the authority by the agent may operate as a revocation of the agency.
Revocation’s of the agent’s power by the principal may not automatically discharge the principal from liability to a third party who is entitled to rely from liability to a third party who is entitled to rely from liability to a third party who is entitled to rely from liability to a third party who is entitled to rely on the apparent authority of the agent on ground’s of representation by the principal of previous course of dealing with the agent’s before notice of revocation is given to the third party. Therefore notice of revocation of an agent’s power should be given to the third party as soon as possible.
Renunciation by agent
An agent is entitled to renounce his power by refusing to act or by notifying the principal that he will not act for the principal.
Unilateral termination of the agency by the agent before he has fulfilled the obligations to the principal under the agency agreement will render the agent liable to the principal for the breach of the agency agreement such as payment of damages for the loss suffered by the principal.
By Notice
If the agency agreement provides that the agency may be terminated upon either party serving on the other written notice of a specified duration.
However, if the agency agreement does not contain any termination provision, the general rule is that reasonable notice has to be given to the other party to terminate the agency.
By Operation Of Law:-
An agency may terminate by the operation of law upon the occurrence of particular events:-
Where the party concerned is an individual:
By death
By insanity
By bankruptcy
Where the party concerned is a limited company:
Winding up
Receivership
The frustration of the contract of agency.
Agency
Section 182 of the Indian contracts act 1872, defines Agent & Principal: an agent is a person employed to do any act for another or to represent another in dealings with the third parties. The person for whom such act is done, or who is represented, is called the principal. Agency is the relationship that subsists between the principal and the agent, who has been authorised to act for him or represent him in dealing with others. Thus, in an agency, there is in effect two contracts i.e.
a) Made between the principal and the agent from which the agent derives his authority to act for and on behalf of the principal, and
b) Made between the principal and the third party through the work of the agent.
Any person, who is of the age of majority according to the law to which he is subject, and who is of sound mind, can employ an Agent. As between Principal and third person a person may become an Agent, so as to be responsible to his Principal according to the provisions contained in the Act. No consideration is necessary to create an agency[iii]. Several types of commercial agents have been recognized under Indian law, which includes inter alia brokers, auctioneers, del credere agents, persons entrusted with money for obtaining sales and insurance agents.
This amendment sets terms for congress and discusses if the president were to die.
The 20th amendment sets terms for Congress and discusses if the president were to die.
Define President.In most republics, the head of state is referred to as the president. In general, the president of a country serves as the formal head of state, head of the executive branch, and essential leader of the country. Depending on the type of government, a president performs different duties. They are typically, but not always, restricted to those of the head of state in parliamentary republics and are therefore purely ceremonial.
The president's job is more significant and includes (in most cases) the duties of the head of government in presidential, some parliamentary (such as Botswana and South Africa), and semi-presidential republics. A president may also be referred to as a dictator or the head of a one-party state under authoritarian regimes.
To know more about the 20th amendment, visit:
https://brainly.com/question/13846279
#SPJ4
Create a fact-file showing different Jewish ideas about Shekhinah
In Judaism, there are many different conceptions of God. Judaism traditionally claims that Yahweh, the national god of the Israelites and the God of Abraham, Isaac, and Jacob, freed the Israelites from slavery in Egypt and gave them the Torah at Mount Sinai. Jews have historically held a monotheistic view of God.
The Hebrew word Shekhinah, which is translated as "dwelling" or "settling" in English, refers to God's apparent physical presence in a location. All Abrahamic religions, including Judaism, Christianity, and Islam, embrace this idea. Jews hold that when they are praying together or studying the Torah, they can feel the presence of God.
To learn more about Jews, click here.
https://brainly.com/question/26777786
#SPJ1
Record freezes/litigation holds are court or agency imposed requirement suspending the destruction of all affected record information until all litigation or disputes are resolved or lifted.
True, the statement that Record freezes/litigation holds are court or agency imposed requirement suspending the destruction until all litigation or disputes are resolved or lifted.
A litigation hold is a procedure that an organisation does to preserve all types of material that might be significant in court cases that are ongoing or that are foreseeable. An order to put certain documents and electronically stored information ("ESI") on "litigation hold" instructs custodians to retain potentially important evidence in case further litigation is necessary. A legal hold, often referred to as a litigation hold, is a directive issued by the legal department of an organisation to staff members asking them not to destroy electronically stored information (ESI) or throw away paper documents that may be important to a recent or impending legal dispute. When a lawsuit is ongoing or is foreseen, organisations put material on litigation hold in order to preserve its possible relevance.
Learn more about litigation hold here
https://brainly.com/question/28542877
#SPJ4
The question was incomplete. Check below the full question
State whether the following statement is True or False
Record freezes/litigation holds are court or agency imposed requirement suspending the destruction of all affected record information until all litigation or disputes are resolved or lifted.
You live in texas. During the covid-19 pandemic, you decide to visit your cousins in new york city. The number of coronavirus cases in new york state is at an all-time low. The number of cases in texas, however, is at an all-time high. To help control the spread of the disease in new york, the governor of new york issues an order requiring that all visitors from texas quarantine for two weeks upon arrival in new york. This order will be in effect at the time of your planned trip. You had hoped to visit some of the sites of new york city and do not want to spend two weeks inside at your cousin’s house. You believe the order of the governor violates your fundamental right to interstate travel. Does the order of the governor restricting travel violate your substantive due process rights?.
No, it doesn't, because the interest of the government in controlling the spread of coronavirus and protecting the health of New Yorkers is a compelling state interest.
What are fundamental rights?A group of rights known as fundamental rights has received extensive protection from infringement. These rights have either been determined via the application of the due process of law or are expressly stated in a constitution. The 2015 adoption of Sustainable Development Goal 16 by the UN emphasizes the connection between upholding peace and advancing human rights. These rights have been acknowledged by the Supreme Court as needing a high level of protection from intrusion by the government. These rights have been deemed to exist under due process or are expressly stated in the Constitution, particularly the Bill of Rights. Fundamental rights are often subject to stringent scrutiny before a law can be upheld as constitutional.
To know more about fundamental rights visit:- https://brainly.com/question/1261546
#SPJ4
what were three frequently types of resistance faced by officers in ohio
Answer:
Officers seeking jobs outside of law enforcement.The negativity surrounding law enforcement in general.Pandemic fatigue.Pressure from family to change careers.Explanation:
Alcohol to-go or delivery orders cannot be transported in the:
a) trunk.
b) locked glove compartment.
c) area behind the last upright seat of the vehicle.
d) front seat.
Alcohol to-go or delivery orders cannot be transported in the: front seat. Thus option (d) is correct.
What is transportation?Transportation is the movement of goods from one location to another. The main motive of transportation is to supply goods from the producers to the consumers for consumption.
For example, one location might be the place where we have source raw materials (like Kuwait for oil) or where we have source goods from a manufacturing facility ( like in California).
We will transport these goods through these goods through different modes like waterways or railways to the end consumers like in Mexico or India. We call such a location a node in the supply chain. There is then a series of such nodes or locations to finally get to the end customer.
Learn more about transportation here:
https://brainly.com/question/29763778
#SPJ2
in light of the current issue of IPV and crimes against women, briefly discuss what the implications will be for the police, the courts and correctional services?
Answer:
The concept of therapeutic jurisprudence suggests that the court should be evaluated not just for its potential effect on recidivism, but for its impact on the well-being of all those who participate in it, and IPV scholars suggest that empowerment is a key component of any therapeutic intervention for victims
Explanation:
Considering the recent concern of Intimate Partner Violence (IPV) and violations against women, there are huge ramifications for the police, the courts, and correctional administrations.
The police should focus on preparing and responsiveness towards casualties, guaranteeing appropriate treatment of cases and offering help. The courts will confront expanded caseloads, requesting productive and fair settlement, as well as the requirement for defensive measures. Restorative administrations should address the recovery and wellbeing of culprits while safeguarding casualties' freedoms.
Cooperative endeavors and changes around there are critical to battle IPV actually and guarantee equity, assurance, and backing for ladies impacted by these wrongdoings.
Learn more about police, from:
brainly.com/question/2166731
#SPJ7
15. If a President
is impeached, what happens next?
a. The President is immediately removed from
office.
b. The Senate must have a trial to decide if the
President is guilty.
c. The President is removed from office at the end
of that term.
d. The Vice President takes over the duties of
President.
If a President is impeached, The President is removed from office at the end of that term.
On being impeached for, and found guilty of, treason, bribery, or other grave crimes and misdemeanors, the President, Vice President, and other civil officers of the United States must be removed from office.
Impeachment consists mostly of two steps. Charges against the President are filed in the House of Representatives through Articles of Impeachment, which marks the start of the first phase of the impeachment process.
After that, the Senate has a hearing during which senators eventually determine whether to find the individual under investigation guilty or not. If the person who was impeached is found not guilty, they effectively maintain their position. If found guilty, they are "fired" from their position and dismissed.
Learn more about Impeachment, here
https://brainly.com/question/1411922
#SPJ9
A trial between shane and verna results in a jury verdict in shane’s favor. After the jury renders its verdict, verna’s attorney can file a motion true or false?.
True, After the jury renders its verdict, Verna's attorney can file a motion
What is a new trial?A court case is repeated when there is a new trial. For some or all of the issues from the initial trial, a new trial may be ordered. A fresh trial may be held in the following circumstances, depending on the laws of the country and the court's ruling that ordered it:
A jury cannot come to a decision A trial court allows a party's application for a new trial, typically on the grounds that the prior trial had a legal flaw; or an appellate court reverses a decision when the situation calls for a new trial.To know more about the motion for a new trial visit:- https://brainly.com/question/14434716
#SPJ4
which of the following evidences is an example of individual characteristics
-random strations on on a bullet
-a cotton fiber found on a victim
-a single layer paint chip
a cotton fiber found on the victim
What is a document called that is filed with the court to state the position of the plaintiff or the defendant in a lawsuit and ask for relief from the court?.
the Pleading document is filed with the court to state the position of the plaintiff or the defendant in a lawsuit and ask for relief from the court.
What is a pleading document?Parties should file official legal paperwork, or pleadings, to the court in order to begin a case. Commonly seen in pleadings are statements of claim and defense. Detailed information regarding your unique claim or defense and the proof in support of it is provided in these kinds of documents. The pleadings should address the case's most important issues for the court and the other parties. This article describes the intent behind pleadings and the information they contain. All significant factual accusations that the parties will need to substantiate at trial are made in the pleadings. It's important to keep in mind that the opposing party's pleadings must contain any truth or information that could surprise the other party or undermine that party's position.
To know more about the pleading document visit:- brainly.com/question/20814132
#SPJ4
what examples can you give for formal and informal social control
explain why income level appears to be more important than race or ethnicity when it comes to crime trends?
Answer:
People with low income levels won't be able to afford much necessities. This would lead them to depend on other unorthodox methods likes stealing which is a crime.
Explanation: