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Author Question: Ann Frazer has just purchased a new Maserati. Ann will be borrowing the money from her bank. Ann ... (Read 87 times)

lilldybug07

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on: Jun 24, 2018
Ann Frazer has just purchased a new Maserati. Ann will be borrowing the money from her bank. Ann signed the contract at 8:00 PM at the dealership and her bank will not be open until 10:00 AM the following day. Ann:
 A) has a contract regardless of whether her bank approves her loan.
 B) has made a conditional acceptance and has no contract.
 C) will be excused from her contract if the bank does not approve her loan.
 D) None of the above

Question 2

There is no apparent authority in an undisclosed principal relationship.
  Indicate whether the statement is true or false


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momo1250

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


lilldybug07

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Dinolord

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Reply 3 on: Yesterday
Excellent

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