Fact Pattern 37-2
Kristin and Lindsey are partners in Mobile Devise, an online marketing firm.
-Refer to Fact Pattern 37-2. Kristin signs a contract with Nature's Best Chocolate, a candy maker, apparently on Mobile's behalf. The contract is binding on
A) Kristin, Lindsey, and Mobile.
B) Kristin only.
C) Mobile only.
D) Nature's Best only.

Question

Fact Pattern 37-2
Kristin and Lindsey are partners in Mobile Devise, an online marketing firm.
-Refer to Fact Pattern 37-2. Kristin signs a contract with Nature's Best Chocolate, a candy maker, apparently on Mobile's behalf. The contract is binding on
A) ​Kristin, Lindsey, and Mobile.
B) ​Kristin only.
C) ​Mobile only.
D) ​Nature's Best only.

Quizplus · Accepted Answer

As partners in a firm, Kristin and Lindsey are both agents and principals of the partnership. Kristin's actions in signing the contract on behalf of Mobile Devise bind the partnership, making the contract binding on both Kristin, Lindsey, and the firm itself.

Fact Pattern 37-2 Kristin and Lindsey Are Partners in Mobile Devise, an Online