Liability is imposed on an agent who has exceeded his authority on the basis of a(n):
A) implied warranty of authority.
B) actual warranty of authority.
C) direct warranty of authority.
D) definitive warranty of authority.

Question

Quizplus · Accepted Answer

Liability is imposed on an agent who has exceeded his authority on the basis of an implied warranty of authority. The agent is treated as if he had guaranteed to the third party that he had authority to make the contract.

Liability Is Imposed on an Agent Who Has Exceeded His