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13 Termination of Agency

From: Agency: Law and Principles (3rd Edition)

Roderick Munday

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 23 May 2022

Creation of agency — Nature of agency — Principal’s liabilities — Termination of agency

This chapter considers both how agencies come to be terminated, and the effects of termination. In the ordinary course of events, as between principal and agent, an agency will come to an end because the parties so wish it. As a general rule, parties whose legal relations derive from agreement are at liberty to release one another from their obligations. Certain agencies, however, are treated as irrevocable, and cannot be freely revoked. An agency may also be terminated by operation of law, independently of the will of the parties. These two species of liability are therefore treated separately in this chapter.

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