Once the agency relationship between a principal and an agent has ended, the agent loses the right to bind the principal.
Correct Answer:
Verified
Q111: Bristol is an officer of Commerce Company.
Q112: Romero employs Supply Procurement Service as an
Q113: When a contract involves unusually hazardous activities,
Q114: Ben manages a warehouse and its inventory
Q115: An event terminates an agency automatically when
Q117: Without authorization, Race contracts on behalf of
Q118: Without express or implied authority, Xi contracts
Q119: A power of attorney should be used
Q120: Ruiz agrees to act as Seth's agent
Q121: Bev indicates that she is acting as
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents