Question: If a Third Party makes a deal with an Agent, and they are legitimately a bona fade puirchaser without notice, the Third Party can sue

If a Third Party makes a deal with an Agent, and they are legitimately a "bona fade puirchaser without notice", the Third Party can sue the Principal if the deal made with the Agent is not upheld by the Principal.

True

False

Explain why you answered true or false to the above question . . .

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

If Third Party makes a deal with an Agent, and they are legitimately a "bona fade puirchaser without notice", the Third Party can sue the Principal if the deal made with the Agent is not upheld by...

Must Follow (Read all 23 Clauses and complete the following work: - Explain each of the clauses as if you were presenting to a student in the 4th grade. Your # 1 priority is to be SUPER simple to...

This case arises out of an action by appellee, the Plain Dealer Publishing Company, to collect a debt against Frederick Rick Worrell, doing business as WRL Advertising. The lawsuit also named Martha...

Appellate Court of Connecticut. CHASE HOME FINANCE, LLC V . Germanic FEQUIERE. No. 31301. Argued Dec. 3, 2009. Decided March 2, 2010. Background: Trustee of structured asset investment loan trust...

BMGT 380 - Final Exam Questions for E-resources - Fall 2014 Multiple Choice: 1 point each 1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the...

1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the deed to the land. Jamie took possession of the land and began building a cabin on it. One...

In his will, T leaves Blackacre to A for life, remainder to A's children. A dies without ever having had children. Blackacre will: escheat to the state; none of the above pass through A's estate...

Please be thorough with your answers and no copy and paste sentences or paragraphs from other sources ( and please no copy and paste excerpts from other sources), please. Please simplify as much as...

Please assist Worth 1 point An agent is a person who has another act on his behalf when dealing with third parties. O who represents another in Parliament. O who works for the government. who is...

All assumptions of the Black-Scholes-Merton option pricing model hold. Stock XYZ is priced at Sxyz = $50. It has volatility 6 = 40% per year. The annualized continuously-compounded risk-free interest...

Read the article "Bubble Kid puts Gene Therapy Back on Track" on https;/www.newscientist.com/article/mg22029413-200-bubble-kid-success-puts-gene-therapy-back-on-track. Then answer the following...

The four basic supply chain flow is the value of materials, the flow of cash, the flow of information in the flow of

Simon identifies three stages of decision making: intelligence, design, and choice. In the first stage, intelligence, decision makers monitor their environment so as to define problems and...

A mix of two isotopes, one of them from Table 38.1, is observed over a period of 15 days, and the total radioactivity is tabulated below. Determine a quantity that, when plotted against time, should...

The equation for the voltage y across the capacitor of an RC circuit is where (t) is the applied voltage. Suppose that RC = 0.2 s and that the capacitor voltage is initially 2 V. Suppose also that...

The flowchart for the absorber involves seven unknown variables (m 0 and m Cl2 having been determined in Problem 12.5). Write the seven equations you would use to calculate those variables, noting...

A heat exchanger, shown in Fig. P4.95, is used to cool an air flow from 800 to 360 K, with both states at 1 MPa. The coolant is a water flow at 15C, 0.1 MPa. If the water leaves as saturated vapor,...

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

1. Too reflect on self-management

Food supply

What is to be achieved for the individual is based on the companys needs.