Organized: The Business Law Breakdown

Agency Law – Episode 4: Termination of Authority


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In this episode, Professor Seth C. Oranburg explores how agency relationships come to an end and the legal consequences that follow. He explains the various ways an agency relationship can terminate—whether by mutual agreement, by fulfilling its purpose, through revocation or renunciation, or automatically by operation of law. Professor Oranburg highlights the critical distinction between the cessation of actual authority and the persistence of apparent authority, emphasizing the importance of notifying third parties to prevent unintended liabilities. Real-world examples illustrate how a failure to manage termination properly can lead to ongoing obligations or disputes. Tune in to gain essential insights into the process and implications of ending an agency relationship, setting the stage for our next discussion on estoppel and ratification.

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Organized: The Business Law BreakdownBy bizlawbreakdown

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