An agency is terminated ........

Indian Contract Act (ICA)1872 Contract of Agency

An agency is terminated -----------

By the principal revoking the authority

By the agent renouncing the business of agency

By either the principal or agent dying or becoming of unsound mind

All the above

- Agencies can be terminated in several ways.

- The principal has the right to revoke the authority, ending the agency relationship.

- An agent can also choose to renounce or abandon the business of agency.

- Additionally, the relationship can end if either the principal or agent dies or becomes of unsound mind.

- All these factors can independently result in the termination of an agency.

Answer: Option 4 - All the above

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