In general,an undisclosed principal and the third party to a contract are contractually bound if the agent acts within the scope of his actual authority in making the contract.
Correct Answer:
Verified
Q1: The purpose of an agency relationship is
Q2: Apparent authority is actual authority.
Q3: Roger is the promoter of a new
Q4: An agent has the power to contractually
Q5: If an agent exceeds his actual and
Q7: Ordinarily,an agent may delegate his duties to
Q8: Unless otherwise agreed,an agent making a contract
Q9: An agent for an unidentified principal is
Q10: Martinez makes a contract with Bowers on
Q11: Sunset Properties,Inc.hires William to manage its 48-unit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents