This topic contains a solution. Click here to go to the answer

Author Question: In the process of assembling land for Ace Construction Ltd. to build a supermarket, Joe entered into ... (Read 164 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586

Question 1

An agency relationship can be created by:
◦ ratification.
◦ estoppel.
◦ apparent authority.
◦ actual authority.
◦ all of the above.

Question 2

In the process of assembling land for Ace Construction Ltd. to build a supermarket, Joe entered into a contract with the seller Sam. In which of the following situations would Sam be able to sue the principal, Ace?
◦ Sam would be able to sue Ace where Joe exceeded his apparent and actual authority.
◦ Sam would be able to sue Ace where Joe exceeded his actual authority but where Ace had led Sam to believe that Joe had the authority.
◦ Sam would be able to sue Ace where Joe disclosed that he was acting for Ace but made the contract "subject to ratification."
◦ Sam would be able to sue Ace where Joe was acting outside his authority and did not disclose that he was acting for Ace. Sam was aware of Joe acting independently at the time he entered into the contract.
◦ Sam would be able to sue Ace where Joe revealed that he was acting as an agent, but did not disclose that he was acting for Ace in particular, and exceeded both his apparent and actual authority. Ace did not ratify the contract.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by vinney12 on Aug 7, 2021

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
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.
Answer Preview
Only 56% of students answer this correctly




vinney12

  • Member
  • Posts: 586
Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library