According to Section 201 of the Contract Act, an agency relationship may be ended by which of the following actions?

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The principal withdrawing the agent's authorityThe agent abandoning the agency dutiesThe fulfillment of the agency's purposeAny of the above actionsNone of the above

Explanation

An agency can be terminated in any of the following ways: the principal can revoke the agent's authority, the agent can renounce the agency duties, or the agency business can be completed. Therefore, all these actions can lead to the termination of the agency relationship.