Which Of The Following Will Terminate An Agency Agreement
6. Principle becomes an alien enemy: If war breaks out between the countries of the client and the agent, the agency`s contract is terminated. If the agency agreement provides that the Agency may be terminated by one of the parties who, on the other, serve a written notification of a fixed term. If the agreement provides for the appointment of the agent for a specified period, the Agency will automatically terminate when that period expires. If the client or broker has gone bankrupt during the term of the contract, the Agency is terminated. If a licensee representing a broker has declared bankruptcy, this does not affect the Agency. In this case, the only seller who demonstrated uncooperative attitude and behaviour and practically sabotaged the client`s activities, despite his clear obligations under both the contract and under the Contract Act, would have no reason to go to court and claim damages or damages – on the contrary, the client would have every right to claim damages and damages against the of the seller alone. Given the „doctrine of necessity,“ abandoning a deadline six months ago would be justified and appropriate – otherwise, it would only testify to the total erasure of the client`s affairs if you waited six months and played the game of an unconfessed agent. An agent`s authority can be waived at any time. If the trust between the agent and the client is broken, it is not reasonable to allow the client to remain in danger for transactions that the agent may enter into during a notice period. In this case, there was evidence of the diversity of the following circumstances: brown`s title of Executive Vice-President; The location of his office in front of the President; Frequent communications with the President The long running of negotiations and negotiations; Kanavos` encouragement by the president to deal with Brown; Brown`s earlier amendment of the agreement, on behalf of the bank, on key points, namely the price of the shares payable by the bank and the purchase price; The size of the bank (fourteen or fifteen branches in addition to head office); the secondary nature, not the fundamental nature, of the change in the terms of the agreement currently rejected by the Bank, in relation to the context of the overall transaction; And Brown`s great sovereignty… All of these members would be in favour of the finding of apparent authority.