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QUESTION 1 John hired Alex to fly to California and drive back a new car he purchased. Alex successfully drove the car back and John was satisfied with Alex's services. Has the agency relationship terminated? No John must put the termination in writing No, John must put the termination in form of a publication. Yes, by fulfillment of purpose. Yes, by mutual agreement of the parties. Yes, by lapse of time. QUESTION 2 Which of the following is true if an agent has no authority to act on behalf of a principal, but the agent stilkenters into a contract with a third party? The principal is not bound unless the principal ratifies the agreement. MINI The principal is bound only if the principal is a partially disclosed principale The principal is bound only if the principal is a disclosed principal. The principal is bound unless the principal can establish clearly and convincingly that the agent was expressly barred from engaging in the conduct at issue. N The principal is bound only if the principal is an unidentified principal CO Click Sa s a vid submit Click Save an answers to save all answers. Save All Ans