Corine engaged Datz as her agent.It was mutually agreed that Datz would not disclose that he was acting as Corine's agent.Instead he was to deal with prospective customers as if he were a principal acting on his own behalf.In accordance with this agreement,he made several contracts for Corine.If a third party filed a lawsuit on one of the contracts,which of the following statements would be true?
A) Corine is disallowed from ratifying Datz's contracts in order to transfer liability.
B) Datz has no liability once he discloses that Corine is the real principal.
C) The third party can hold only Datz liable since the third party believed that Datz was the principal.
D) The third party may choose to hold either Datz or Corine liable.
Correct Answer:
Verified
Q42: Hillary tells Iris that she wants to
Q43: The doctrine of respondeat superior means:
A)"let the
Q44: If a subagent contracts with a third
Q45: Why is estoppel different from apparent authority?
A)Because
Q46: Marcus is an agent for Leo and
Q48: Penny,acting as an agent for Felipe,enters into
Q49: Maco Corp.is a real estate development firm
Q50: A principal is _ if a third
Q51: When does an agent expressly bind herself
Q52: In which of the following cases is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents