Because Miranda Wrights is going to be out of town, she notifies the seller of a...
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Because Miranda Wrights is going to be out of town, she notifies the seller of a house she contracted to purchase that Asher will sign the contract on her behalf. Asher signs the contract. When Miranda returns, she changes her mind and informs the seller that she has no interest in purchasing the house. Which of the following is true? Because Miranda did not actually sign the contract, she is not obligated to purchase the house. O The seller's only remedy is to sue Asher. Because Asher was acting within his authority, Miranda is bound by the contract. O Because Asher signed the contract, he is obligated to purchase the house if Miranda rescinds. Because Miranda Wrights is going to be out of town, she notifies the seller of a house she contracted to purchase that Asher will sign the contract on her behalf. Asher signs the contract. When Miranda returns, she changes her mind and informs the seller that she has no interest in purchasing the house. Which of the following is true? Because Miranda did not actually sign the contract, she is not obligated to purchase the house. O The seller's only remedy is to sue Asher. Because Asher was acting within his authority, Miranda is bound by the contract. O Because Asher signed the contract, he is obligated to purchase the house if Miranda rescinds.
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C Because Asher was acting within his authority Miranda is bound by the contract Asher had the autho... View the full answer
Related Book For
Statistics for Business and Economics
ISBN: 978-0321826237
12th edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
Posted Date:
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