Agent’s authority to bind principal · Bar Exam · Flashcards

QUESTION

An agent signs an unauthorized contract. The principal, knowing all the facts, accepts and uses the goods delivered under it. Under what theory is the principal bound?

QUESTION

A company names Ava 'purchasing manager' but privately caps her orders at $10,000. She places a customary $15,000 order with an unaware supplier. Under what theory is the company bound?

QUESTION

An agent signs an unauthorized contract. The principal, knowing all the facts, accepts and uses the goods delivered under it. Under what theory is the principal bound?

Tap to flip before you grade