Which of the following is true regarding agency at will?
1) A principal has the power to terminate an agency, but only if there is a corresponding contractual right to do so. An agent has
2) The agency at will is a type of agency where the principal can terminate the agency at any time, without any reason or notice.
3) The agency at will is a type of agency where the agent can terminate the agency at any time, without any reason or notice.
4) The agency at will is a type of agency where both the principal and the agent have the power to terminate the agency at any time, without any reason or notice.