Reliable Insurance Company employs Stuart as an agent. To terminate Stuart's authority, Reliable Insurance must notify Select one: a. only third parties who are aware of the agency relationship. b. Stuart and any third parties who are aware of the agency relationship. c. Stuart only. d. the public generally.

Question

Benjamin Melendez

Social Studies

23 October, 22:11

Reliable Insurance Company employs Stuart as an agent. To terminate Stuart's authority, Reliable Insurance must notify Select one: a. only third parties who are aware of the agency relationship. b. Stuart and any third parties who are aware of the agency relationship. c. Stuart only. d. the public generally.

+3

Answers (1)

Know the Answer?

Adelyn Mcmahon · Answer 1

Answer: Stuart and any third parties who are aware of the agency relationship

Explanation: The Agency must notify Stuart because he's their employee and it's the due process to follow to make it official.

The Agency must also notify third parties associated with Stuart and the agency in order for them to be cautious and to notify them that any further business conducted with Stuart is at their own risk.