How an agency can be terminated?

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1135433

2026-08-17 08:06

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An agency can be terminated through mutual agreement between the principal and the agent, or by the principal revoking the agent's authority. It can also be terminated if the agent breaches their duties or if the purpose of the agency is fulfilled. Additionally, the agency may end automatically upon the death or incapacity of either party or through the expiration of a specified term. Lastly, termination can occur if the agency becomes illegal or impossible to perform.

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