If a Contract Is Ambiguous Regarding Whether the Agent Has

question 45

Multiple Choice

If a contract is ambiguous regarding whether the agent has signed in a representative or an individual capacity:

• A) there is a presumption that the agent signed in a representative capacity.
• B) there is a presumption that the agent signed in an individual capacity.
• C) the agent and the principal will both be liable on the contract.
• D) parol evidence is admissible to establish the character in which the agent was acting.

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Definitions:

Percent

A mathematical term representing a part per hundred, used to describe proportions or ratios.

Helmets

Protective headgear worn to reduce the risk of injury, especially in sports, construction, and transportation.

Opportunistic

Taking advantage of situations with little regard for principles or consequences, often to gain personal benefits or advantages.

Cinema

A movie theater where films are shown for public entertainment or the art of filmmaking itself.