Author Question: Which of the following is the way an agent should sign a contract in order to bind the principal and ... (Read 67 times)

tsand2 · **on:** Jun 24, 2018

Which of the following is the way an agent should sign a contract in order to bind the principal and not the agent?
A) When the agent is known to be an agent, he or she should sign only his or her name.
B) The agent should sign only his or her name whether known to be an agent or not.
C) The agent should sign only with his or her initials.
D) The agent should sign, principal, by agent.

Question 2

As a general rule, courts will __________ in recovering money or property transferred under an illegal agreement.
A) assist a commercial buyer
B) assist a non-commercial buyer
C) assist an institutional buyer
D) not aid either party