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In Town Center Shopping Center V

Question 116

Multiple Choice

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

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