One or more parties may terminate an agency relationship by placing into the agreement a time period for termination. When that time , the agency ends. In addition, the parties can specify that the agency is for a particular . Once that is achieved, the agency ends. Alternatively, the parties can include a specific event as a trigger for termination; once that event , the agency ends. The parties can terminate an agency relationship prior to any of the preceding events by agreement, or revocation by individual party. g

One or more parties may terminate an agency relationship by placing into the agreement a time period for termination. When that time ,___1______the agency ends. In addition, the parties can specify that the agency is for a particular____2______ . Once that is achieved, the agency ends. Alternatively, the parties can include a specific event as a trigger for termination; once that event,_____3______ the agency ends. The parties can terminate an agency relationship prior to any of the preceding events by ______4_________agreement, or revocation_____5______ by individual party.

Answer

1) lapses

(2) purpose

(3) occurs / begins

(4) mutual

(5) either