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Termination Of Agency

Termination Of Agency ca4all

BY THE ACTS OF PARTIES

  1. By Agreement – The Principal and agent may mutually agree to terminate the agency, at anytime
  2. By Revocation (Done by the Principal)
  3. By Agent; renouncing the business of Agency

BY OPERATION OF LAW

  1. Completion of Business of Agency
  2. Death or Insanity of the Principal or Agent
  3. Where the Principal or Agent, being a Company, is dissolved
  4. Destruction of subject matter of Agency
  5. Principal becoming Insolvent
  6. Expiration of period where agency was for a fixed period

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