Multiple Choice
John has been hired by Bubbaweiser Beer Company to purchase an airplane.He approaches Sam who has a Cessna for sale.John does not mention that he is making this purchase on behalf of someone else.He negotiates a deal.Two weeks later,Sam learns that John did not negotiate the deal for himself,but was acting as an agent.Bubbaweiser declares bankruptcy and cannot buy the plane.John:
A) can be held liable on the contract because this was an undisclosed agency
B) can be held liable on the contract because this was a partially disclosed agency
C) can be held liable on the contract simply because he is an agent
D) cannot be held liable on the contract
E) can be held liable on the contract unless he was on a frolic and detour
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A principal who hires an unqualified independent
Q2: The coming and going rule provides which
Q3: An agent can usurp an opportunity available
Q4: An agent generally is not liable on
Q5: Misuse of confidential information is not considered
Q7: Where an agent has disclosed that she
Q8: All of the following are duties of
Q9: An agent enters into an authorized contract
Q10: Does the frolic and detour rule make
Q11: If an agent negligently injures a third