Question: When does an agent expressly bind herself to a contract made for a principal? Multiple Choice When the agent acts as a surety When the

When does an agent expressly bind herself to a contract made for a principal?
Multiple Choice
When the agent acts as a surety
When the doctrine of estoppel applies
When the agent contracts for a principal while lacking the authority to do so
An agent cannot bind herself to a contract made for a principal
When does an agent expressly bind herself to a contract made

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 General Management Questions!

Q:

Choose the correct answer Multiple Choice: Write the letter of correct answer on the space provided before each number. 1. A contract that can stand by itself is known as: a. Accessory contract b....

Q:

Reference: Law on Sales by De Leon, Obligation and Contracts by De Leon, Notes in Business Law by De Leon For number 1 to 5 determine if: A.voidable B. unenforceable C. rescissible D. void or...

Q:

1.The court will make a rebuttable presumption that in social or family arrangements there is always an intention to create legal relations 2.Unlike the position in Civil Law Countries there must be...

Q:

Chapter 38 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

Please answer this question and i will give thumbs up. Thank you so much QUESTION: Hamid inherited $50,000.00 when his brother passed away. As he and his wife Barbara were fairly ignorant about...

Q:

Do the reading assignment and then look up KRS 275.520 and read its text.Then answer the questions below. Fully explain your answers: 1.What is the taxation advantage of a LLC as opposed to a...

Q:

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...

Q:

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...

Q:

Chapter 1. Sample Assignment Instructions Find a sample document or article online related to a main topic in the chapter. In the Discussion Section, respond to two classmates and post the title &...

Q:

Generally, an employer is not liable for physical harm done to a third party by reason of the acts of an independent contractor. However, if that person is determined to be an employee, then he can...

Q:

How are network computers different from traditional personal computers? Describe some usage scenarios in which it is advantageous to use network computers.

Q:

Two investments involving a virtual mold apparatus for producing dental crowns qualify for different property classes. Investment A has a cost of $58,500, lasts 9 years with no salvage value, and...

Q:

Which one of the following statements is false? Poison Pills discourage potential high takeover bids many institutional investors are opposed to the poison pill

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...