Gerald, an Agent, Who Makes a Contract with Adele on Behalf

question 51

True/False

Gerald, an agent, who makes a contract with Adele on behalf of Leon, an unidentified principal, may maintain in Gerald's own name a breach of contract action against Adele.

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Definitions:

Demand Curves

Graphical representations of the relationship between the price of a good or service and the quantity demanded by consumers at those prices.

Youthful Americans

Individuals in the United States who are considered to be in their youth, typically defined by a young age range.

Quantity Demanded

The sum of a product or service that buyers are ready and capable of buying at a certain price during a defined timeframe.

Quantity Supplied

The level of supply of a product or service that vendors are eager and able to make available for purchase at an established price over a given period.