In Town Center Shopping Center v.Premier Mortgage,where Town Center rented space to a lending company despite the fact that the local manager who signed the lease did not have authority to bind the company to the lease,and the company sued to get out of the lease.The appeals court held that:
A) the district court was correct in its ruling that Premier was bound by the contract because the local manager had apparent authority
B) the district court was correct in its ruling that Premier was not bound by the contract because the local manager had apparent authority
C) the district court was incorrect in its ruling that Premier was bound by the contract because the local manager did not,in fact,have apparent authority
D) the district court was incorrect in its ruling that Premier was not bound by the contract because the local manager had apparent authority
E) none of the other choices are correct
Correct Answer:
Verified
Q120: In Town Center Shopping Center v.Premier Mortgage,where
Q221: The power of an agent to do
Q222: The duties of a principal to an
Q223: The law of agency places its primary
Q224: The law of agency places its primary
Q227: Express authority consists of the agent's:
A) inability
Q235: Implied authority consists of:
A) the power to
Q239: _ consists of oral or written instructions
Q243: The principal has a _ with her
Q260: Which of the following is part of
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