Describe the different ways an agency may be created

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Reference no: EM131494126

Question: 1. Describe the different ways an agency may be created.

2. Why is the agency concept so important to the conduct of business transactions?

3. What third parties should be notified when a principal-agent relationship is terminated? How should these third parties be notified?

4. Describe the six ways a principal-agency relationship may be terminated.

Reference no: EM131494126

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