14.9 Termination of Agency

Revocation by the principal — effective when known to the agent; revocation barred where the authority is coupled with an interest (the agency given to secure the agent's own debt) or after the authority has been partly exercised so as to affect third-party rights; Renunciation by the agent (reasonable notice); Completion of the business / expiry of the term; Death or insanity of principal or agent (third parties contracting without knowledge protected); Insolvency of the principal; Dissolution of a company (corporate death); destruction of the subject-matter; The principal becoming an enemy alien (war's effect). Continuing obligations: accounts and moneys in hand survive termination; the agent's lien endures until paid.