Bob: bankruptcy COULD terminate the agency if it precluded the agent from
carrying out his/her duties, but if not, the agent would probably elect NOT
to discharge that contract.
MEH
----- Original Message -----
From: "Dr. Robert Lamb" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Monday, October 23, 2000 1:42 PM
Subject: Re: AGENCY QUESTION
Since everyone has a question I figured I'd join in. Here is my question
that has troubled me for sometime and I have yet to find a good answer.
QUESTION: Bankruptcy of an agent usually terminates the agency
relationship. For how long is the bankrupt agent precluded from acting as an
agent again? It seems that if anyone needed a job, it's a bankrupt agent.
Another student generated question. :-(
Bob Lamb ...deep in the heart of TEXAS
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