Question: When the principal is trying to avoid being bound by the acts of the agent after the agency has ended, constructive notice is sufficient for:

When the principal is trying to avoid being boundWhen the principal is trying to avoid being boundWhen the principal is trying to avoid being bound

When the principal is trying to avoid being bound by the acts of the agent after the agency has ended, constructive notice is sufficient for: Select one: a. persons who have dealt with the former agent. b. persons who knew of the agency but had never dealt with it before termination. c. persons who never knew of existence of the agency. d. everyone who the principal was in contract with before the termination. X Monroe Hardware contracted to purchase 20 alarm clocks from Clocks Inc., a clock manufacturer. One week before delivery, Monroe Hardware notified Clocks Inc. that it was canceling its contract because it (Monroe Hardware) was overstocked with clocks. Which of the following is a remedy available to Clocks Inc. in this scenario? Select one: a. Clocks Inc. must attempt to resell the clocks to another buyer before it can recover damages from Monroe. b. Clocks Inc. must attempt delivery of the goods before it can sue Monroe for damages. c. Clocks Inc. may recover the difference between the contract price of the clocks and the current market price of the clocks. d. Clocks Inc. can recover the purchase price from Monroe even if resale is possible. X If the future performance of a product is covered by its warranty, then a breach occurs: Select one: a. at the time the buyer should have discovered the defect in the product. b. one year after the defect in the product is discovered by the buyer. c. when the buyer complains to the manufacturer about a defect in the product. X d. when the purchase is marked as complete, and the product is delivered to the buyer

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