In Town Center Shopping Center v. Premier Mortgage, a lease for office space, made by a manager of a mortgage company, was negated by the courts because the leasing company should have known that a person in the position of the manager would not have such authority.

Question

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The lease was not negated by the courts because of the manager's lack of authority, but rather because the manager did not have the actual or apparent authority to bind the mortgage company to the lease.

In Town Center Shopping Center V