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Commercial Law

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Question:

How is bankruptcy dealt with in agency? (termination)

Author: Kuba Pastula



Answer:

If it's the principal, then the agency is automatically terminated and if they have mutual accounts, the agent must be notified before they are tampered with > Elliot v Turquand if its the agent, then the authority is only terminated if the agent is deemed unable to perform his duties > McCall v Nunn


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