When the Principal Is Trying to Avoid Being Bound by the Acts

question 44

Multiple Choice

When the principal is trying to avoid being bound by the acts of the agent after the agency has ended, constructive notice is sufficient for:

• A) persons who have dealt with the former agent.
• B) persons who knew of the agency but had never dealt with it before termination.
• C) persons who never knew of existence of the agency.
• D) everyone who the principal was in contract with before the termination.

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Definitions:

Geologic Cross Section

A two-dimensional diagram representing a slice through Earth that depicts the subsurface geometry of rock units and geologic structures.

Surface

The outermost or uppermost layer of an object or area.

Petroleum Company

A business entity engaged in the exploration, extraction, refining, transporting, and selling of petroleum products.

Geologic Structures

Features within the Earth's crust, such as folds, faults, and rock layers, resulting from deformation processes and tectonic movements.