Agent’s duties to third parties · Bar Exam · Flashcards

QUESTION

A person claims to be authorized to sell a company's equipment, signs a sale contract, and the company refuses to ratify. What claim does the buyer have against the person?

QUESTION

Within his authority, Bob signs a contract 'Delta Corp., by Bob, its agent.' Delta later defaults. Who is liable to the other party?

QUESTION

An agent signs a purchase order 'Ann Smith' without revealing that she buys for Acme Co. The seller later learns of Acme. Who may the seller hold liable if the order is not paid?

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