An Agent with No Express, Implied, or Apparent Authority to Do

question 7

Multiple Choice

An agent with no express, implied, or apparent authority to do so identified himself as an agent for his principal, and on behalf of his principal bought a computer. The principal refused to ratify the contract. On these facts, which of the following is true?

• A) The agent could be sued by the seller of the computer for breach of his warranty of authority.
• B) The seller of the computer could sue the agent for breach of contract for saying he was an agent.
• C) The seller could sue the principal for breach of warranty of authority.
• D) The principal would have to pay for the computer because the agent was an agent for that principal.
• E) By exceeding his authority, the agent has become the buyer of the computer himself.

Learn about the psychological factors, including cognitive dissonance, affecting consumer decisions.

Become familiar with the methods of sales forecasting and their importance.

Understand the process and importance of conducting market research.

Understand the various methods used by small businesses to gather primary data.

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Definitions:

Quality

The degree to which something meets certain standards or fulfills requirements, often related to excellence or superiority.

Absorb Information

To absorb information means to take in and understand data and concepts, often leading to the retention and application of new knowledge.

Functional Animation

A feature in interface design where animations are used to enhance the user experience by providing visual feedback and aiding in the understanding of tasks.

Sequences

Ordered series or arrangements where elements follow a specific, logical pattern or succession.