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Author Question: With respect to the formation of agency by estoppel, which of the following statements is true? (Read 59 times)

TVarnum

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on: Aug 7, 2021
With respect to the formation of agency by estoppel, which of the following statements is true?
◦ When a party terminates an express agency agreement with an agent and notifies third parties with whom that agent normally dealt, that party will be liable on a contract made for it by that "fired" agent.
◦ The issue of apparent authority arises only if a person acts as an agent when he or she has express or implied authority.
◦ When a party represents, by words or conduct, that someone is its agent, that party can later deny liability on a contract made for it by that agent on the basis that no express agency agreement existed.
◦ If the principal tells an agent specifically not to sell something and the agent, in disobedience of those instructions, sells it anyway, the principal may be bound by the contract because of estoppel.
◦ When a third party suspects that the agent it deals with has no authority, there is no obligation on it to question the agent's alleged authority.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by TVarnum on Aug 7, 2021

heyhey123

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Reply #1 on: Aug 7, 2021
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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TVarnum

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

AmberC1996

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Reply 3 on: Yesterday
Excellent

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