g3 enumeration Flashcards
1
Q
Enumerate the 7 Characteristics of a Contract of Agency
A
Principal
Consensual
Nominate
Bilateral
Commutative
Onerous
Preparatory
2
Q
Two Parties to a Contract of Agency
A
Principal
Agent
3
Q
Enumerate the 6 Modes of Extinguishment of Agency
A
Revocation by the principal
Withdrawal by the agent
Death, civil interdiction, insanity, or insolvency of either party
Dissolution of firm or corporation
Accomplishment of purpose
Expiration of period
