Question

Which of the following is false regarding revocation of the authority of an agent and renunciation by an agent?

A. At any time, a principal can revoke an agent's authority.

B. A principal's revocation of an agent's authority might be a breach of contract entitling the agent to damages.

C. An agent can terminate the agency relationship by renouncing the authority given to the agent.

D. An agent's renunciation of a contract might be a breach of contract entitling the principal to damages.

E. If an agent has breached a fiduciary duty to the principal, the principal can revoke the agent's authority, but the agent may be entitled to damages.

Answer

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