If an Agent Has Apparent Authority, Any Contracts Made Are

question 28

Multiple Choice

If an agent has apparent authority, any contracts made are

• A) binding on the principal.
• B) voidable by the principal.
• C) understood as necessary to carry out the purposes of the agency.
• D) none of these.

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Definitions:

Learning Disabilities

Neurologically based processing problems which can interfere with learning basic skills such as reading, writing, or math, and can also affect higher-level skills such as organization, time planning, and abstract reasoning.

Verbal Contract

A type of agreement made through spoken communication rather than in writing, which can be legally binding under certain conditions.

Sale of Land

Sale of land refers to the transfer of ownership of land from one party to another, typically through a legal document or deed.

Hardship

Significant difficulty or suffering experienced by an individual or group, often considered in legal contexts to alleviate contractual obligations.