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Author Question: Although Jason had participated in the flower auction for the last nine years as an agent for Thos. ... (Read 64 times)

Capo

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Although Jason had participated in the flower auction for the last nine years as an agent for Thos. Holt's Ltd. (Holt), with the authority to buy whatever he felt the store needed, on this day he was given express instructions to buy only cut flowers. When flats of young camellia bushes with a rare gold flower were being sold, Jason bought them on behalf of the company. Which of the following is true?
◦ Holt is not bound by the contract, because Jason's authority was expressly restricted.
◦ Holt is estopped from denying Jason's authority.
◦ Holt is not bound by the contract, because Jason is in breach of his agency agreement.
◦ The key to determining whether or not Holt is bound by the contract is this: in the circumstances, should the auctioneer have confirmed with Holt the extent of Jason's authority?
◦ Holt is not bound since Holt didn't ratify the contract.


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Marked as best answer by Capo on Aug 7, 2021

duy1981999

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Capo

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Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)


strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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