Without Brown's Knowledge,Jones,who Frequently Purchased Lumber on Brown's Behalf,purchased a Large

question 87

True/False

Without Brown's knowledge,Jones,who frequently purchased lumber on Brown's behalf,purchased a large quantity of plywood from Smith as agent for Brown.Jones later advised Brown of the purchase.
-If Brown had died before the contract was negotiated by Jones,the purchase agreement would be unenforceable,because the principal did not exist at the when the agreement was made.

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Definitions:

Labor

The involvement of human physical exertion and cognitive efforts in the manufacture of goods and services.

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Demand Curve

A visual depiction showing how the quantity demanded of a good correlates with its price, usually showing a decline in demand as prices increase.