Jones acted as Blake's agent for 12 years before this contract of agency was dissolved by Blake. However, Blake failed to convey this fact to those vendors whom Jones has transacted with in the past. Which of the following is likely to occur if Jones negotiates future contracts with these vendors on Blake's behalf?
A) Blake can rescind those contracts as Jones is no longer his agent.
B) Blake can sue the vendors for selling without authorization.
C) Blake is bound by those contracts and must pay necessary costs.
D) Blake can claim compensation from Jones for any profits made.
Correct Answer:
Verified
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