Question: Question 1 1 A principal will be liable on a contract entered into with a third party by an agent Acting outside the scope of
Question
A principal will be liable on a contract entered into with a third party by an agent
Acting outside the scope of the agent's authority
If the third party verbally confirms that the principal approved the contract
Acting within the scope of the agent's authority and where the existence and identity of the principal
is disclosed to the third party.
Only if the principal signs the contract
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