Ellen Fishman was hired by Attics, Inc., a company that does attic refurbishments and redesigns, to evaluate attics,provide homeowners with estimates, and, hopefully, sign them up with contracts for their attics. Ellen provided an estimate of $11,000 to the Kornbluths for a redesign of their attic. Because she was new at the job, Ellen forgot the demolition costs in the estimate. However, the Kornbluths signed a contract Ellen presented and put down a 10% deposit of $1100. Attics, Inc.'s president has refused to do the attic for anything less than $15,000, what the estimate should have been. The Kornbluths have no experience with remodeling and had only one other estimate for the refurbishment, which was $12,500. Attics, Inc. terminated Ellen. However, Ellen still had all the materials, books, contract forms, and her card from Attics, Inc. Ellen went out and got three homeowners to sign contracts for refurbishments for prices ranging from $15,000 to $22,000. If Attics, Inc. performed the contracts Ellen negotiated, it would:
A) need to take steps to terminate Ellen's implied authority.
B) need to take steps to terminate Ellen's apparent authority.
C) need not take any further steps because Ellen's authority was terminated and it was just ratifying the contracts.
D) None of the above
Correct Answer:
Verified
Q91: Sally Dribben is a salesperson for Smith
Q92: Brian Weyland was an agent for Clothes
Q92: Which of the following types of agency
Q93: In a partially disclosed principal relationship, who
Q94: Ellen Fishman was hired by Attics, Inc.,
Q112: James Schoenberger interviewed for a position with
Q122: Aaron Smith,a junior at Yale,was a counselor
Q124: Hayley Franken works at Big Burger after
Q127: Elizabeth Drake worked as a nanny for
Q129: Berth Ness signed a promissory note for
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