Without Ted's knowledge,Phil,who frequently purchased lumber on Ted's behalf,purchased a large quantity of plywood from Chris as agent for Ted.Phil later advised Ted of the purchase.If Ted had died before the contract was negotiated by Phil,the purchase agreement would be unenforceable,because the principal did not exist at the time when the agreement was made.

Question

Quizplus · Accepted Answer

If Ted had died before the contract was negotiated, Phil would not have had the authority to act as an agent for Ted, as the principal-agent relationship would have terminated upon Ted's death. Therefore, the contract would be unenforceable.

Without Ted's Knowledge,Phil,who Frequently Purchased Lumber on Ted's Behalf,purchased a Large