Which of the Following Exemplifies the Liability of an Agent

question 28

Multiple Choice

Which of the following exemplifies the liability of an agent who acts without authority and contracts with a third party?

• A) The agent is liable to the principal for breach of warranty of authority.
• B) The third party is liable to the principal for breach of warranty of authority.
• C) The principal is liable to the agent for breach of agency by ratification.
• D) The agent is liable to the third party for breach of warranty of authority.