Question

An agency comes to an end or terminates ______.

• A. By the death of the principal or the agency
• B. By the insanity of either the principal or the agent
• C. By the insolvency of the principal, and in some cases that of the agent
• D. All of the above

Answer 1

The correct option is D All of the above

Section 209 talks about Agent’s duty on termination of agency by principal’s death or insanity— "When an agency is terminated by the principal dying or becoming of unsound mind, the agent is bound to take, on behalf of the representatives of his late principal, all reasonable steps for the protection and preservation of the interests entrusted to him."