A Company That Represents,either by Words Suggestive of That Relationship
A company that represents,either by words suggestive of that relationship or by acquiescing in similar contracts made for it by that person in the past,that someone is its agent,is permitted to deny any such relationship,upon the provision of notice.
A real estate agent tells a purchaser that she has authority to sign a contract for sale of property on behalf of the vendor.The purchaser relies on that representation and signs an acceptance.The vendor refuses to complete the contract because the agent did not have authority to sign the contract on behalf of the vendor.The vendor will be bound to complete the contract.
A franchisor has a fiduciary duty towards the franchisee.
Pursuant to some franchise agreements,a potential source of profit to the franchisor is derived from exclusive supply arrangements.