Exam 32: Liability to Third Parties and Termination
Exam 1: Introduction to Law and Legal Reasoning83 Questions
Exam 2: Courts and Alternative Dispute Resolution83 Questions
Exam 3: Court Procedures84 Questions
Exam 4: Constitutional Authority to Regulate Business84 Questions
Exam 15: The Statute of Fraudswriting Requirements84 Questions
Exam 5: Ethics and Business Decision Making84 Questions
Exam 6: Intentional Torts83 Questions
Exam 7: Negligence and Strict Liability84 Questions
Exam 8: Intellectual Property and Internet Law84 Questions
Exam 9: Criminal Law and Cyber Crimes84 Questions
Exam 10: Nature and Terminology84 Questions
Exam 11: Agreement83 Questions
Exam 12: Consideration84 Questions
Exam 13: Capacity and Legality84 Questions
Exam 14: Mistakes, Fraud, and Voluntary Consent84 Questions
Exam 16: Third Party Rights84 Questions
Exam 17: Performance and Discharge84 Questions
Exam 18: Breach of Contract and Remedies84 Questions
Exam 19: E-Contracts and E-Signatures84 Questions
Exam 20: The Formation of Sales and Lease Contracts84 Questions
Exam 21: Title, Risk, and Insurable Interest84 Questions
Exam 22: Performance Breach of Sales Lease Contracts84 Questions
Exam 23: Warranties and Product Liability84 Questions
Exam 24: The Function Creation of Negotiable Instruments84 Questions
Exam 25: Transferability and Holder in Due Course84 Questions
Exam 26: Liability, Defenses, and Discharge84 Questions
Exam 27: Checks, the Banking System, and E-Money84 Questions
Exam 28: Creditors Rights and Remedies84 Questions
Exam 29: Secured Transactions84 Questions
Exam 30: Bankruptcy Law83 Questions
Exam 31: Agency Formation and Duties84 Questions
Exam 32: Liability to Third Parties and Termination84 Questions
Exam 33: Employment and Labor Law84 Questions
Exam 34: Employment Discrimination84 Questions
Exam 35: Sole Proprietorships and Franchises84 Questions
Exam 36: Partnerships and Limited Liability Partnerships84 Questions
Exam 37: Limited Liability Companies Special Business Forms84 Questions
Exam 38: Corporationsformation and Financing84 Questions
Exam 40: Corporationsmerger, Consolidation, Termination84 Questions
Exam 41: Corporationssecurities Law Corporate Governance84 Questions
Exam 42: Law for Small Businesses84 Questions
Exam 43: Administrative Law84 Questions
Exam 44: Consumer Law84 Questions
Exam 45: Environmental Law84 Questions
Exam 46: Antitrust Law84 Questions
Exam 47: Personal Property and Bailments84 Questions
Exam 48: Real Property and Landlord-Tenant Relationships84 Questions
Exam 49: Insurance84 Questions
Exam 50: Wills and Trusts84 Questions
Exam 51: Professional Liaility and Accountability84 Questions
Exam 52: International Law in a Global Economy84 Questions
Exam 53: Legal and Ethical Issues in Business12 Questions
Exam 54: Legal Issues11 Questions
Exam 55: Contracts and Business Law14 Questions
Exam 56: Contracts and Liability6 Questions
Exam 57: Banking and Payment Systems8 Questions
Exam 58: Loan Security and Repossession in Credit Transactions4 Questions
Exam 59: Employment Law and Ethics8 Questions
Exam 60: Legal Issues in Corporate Governance and Business Operations10 Questions
Exam 61: Legal and Ethical Issues in Environmental Protection and Consumer Rights6 Questions
Exam 62: Legal Issues in Property and Land Use4 Questions
Exam 63: Accounting and Ethics6 Questions
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Based on Nan's conduct, Odel reasonably believes that Poppy has the authority to act on Nan's behalf even though Poppy does not have the actual authority to do so. In this circumstance, Poppy has
(Multiple Choice)
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Before a principal can ratify a contract, the agent must withdraw from the deal.
(True/False)
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Under the doctrine of respondeat superior, a principal has a superior duty of caring for the agent.
(True/False)
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Commercial Development Corporation (CDC) hires Delta Construction Company to work at a site as an independent contractor. Whether CDC will be liable for torts committed at the site by Delta depends on
(Multiple Choice)
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Under the doctrine of respondeat superior, an agent is liable for the principal's negligence.
(True/False)
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Cory employs Daily Delivery Agency as an agent under a writ?ten agreement that describes the rights and duties of both parties. This is
(Multiple Choice)
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Trey, an agent for Uno Music Corporation, executes an unau?thor?ized contract with Variety Recording, Inc., that is highly ad?vanta?geous to Uno. Variety withdraws from the deal before Uno ratifies the con?tract. The contract is
(Multiple Choice)
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Ezra is an agent for Fresh Food Corporation. Ezra makes an innocent mis?representation when entering into a contract on be?half of Fresh with Gala Grocery Stores, Inc. Gala
(Multiple Choice)
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An disclosed principal is liable to a third party for contracts made by the agent acting outside the scope of his or her authority.
(True/False)
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Brad is an employee of Custodial Service, Inc. In deciding whether Brad acts within the scope of his employment when he commits a tort against Didi, a court will not con?sider whether
(Multiple Choice)
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Miklos grants an ordinary power of attorney to Nathalie to handle a list of financial transactions on Miklos's behalf. This power will terminate on
(Multiple Choice)
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An agent's authority to act on behalf of a principal derives exclusively from the agent's express au?thor?ity.
(True/False)
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Sonia manages a Tasty Pastry store for United Food Company. To manage the business, Sonia's authority can be implied by
(Multiple Choice)
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State Bank employs Troy as an information clerk. Troy has author?ity only to an?swer customers' questions. During a renovation, State Bank temporarily moves Troy from the information desk to a teller's window. Ubi, a customer, believes that Troy is a teller and leaves a deposit with him. Troy keeps the money. Is State Bank liable?
(Essay)
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An agent's authority to act on behalf of a principal derives exclusively from the agent's express or implied au?thor?ity.
(True/False)
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Maia hires Nero, a real estate broker, to sell her warehouse. The ware?house burns down be?fore being sold. Nero is
(Multiple Choice)
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Malachi hires Nadine to sell Malachi's land. Before the land is sold, Nadine discov?ers that there is a rich vein of gold in a hill on the property. Can Nadine con?sider the agency terminated?
(Essay)
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Fab Auto Sales, Inc., employs GR8 Collection Company as a collection agent. While repossessing a car from Hadji, one of Fab's customers, GR8 causes an accident in which Hadji is injured. Hadji can recover from
(Multiple Choice)
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