Irrevocable Authorities
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Where the relationship of principal and agent has been created by agreement, it is open to the parties to agree to terminate the relationship. It is also generally possible for the parties to unilaterally terminate the relationship, that is, to withdraw agreement. This may be by the giving of notice or by implied revocation. This right to unilaterally terminate is subject to rules dealing with irrevocable authorities. (G Masel, The Laws of Australia, Thomson Lawbook Online, [8.1.80])