Asked by cassie wilson on Jun 26, 2024
Verified
When does an agent expressly bind herself to a contract made for a principal?
A) When the agent acts as a surety
B) When the doctrine of estoppel applies
C) When the agent contracts for a principal while lacking authority to do so
D) An agent cannot bind herself to a contract made for a principal
Doctrine of Estoppel
A legal principle that prevents a party from denying or asserting anything to the contrary of what has previously been established as truth.
Expressly Bind
To explicitly or distinctly commit or obligate oneself or an entity to an agreement or course of action.
- Fathom the significance of bona fide and apparent authority in engaging the principal.
Verified Answer
KB
Kelechi BenedictaJul 01, 2024
Final Answer :
A
Explanation :
An agent may bind herself to contracts she makes for a principal by expressly agreeing to be liable.This occurs when the agent acts as a surety for the principal.
Learning Objectives
- Fathom the significance of bona fide and apparent authority in engaging the principal.
Related questions
Why Is It Impossible for There to Be Apparent Authority ...
Stanley Milgram's Experiment Teaches Us That Even If an Authority ...
Most People Find It Difficult to Disobey Authorities Because They ...
In Milgram's Research on Obedience ...
In Milgram's Experiment on Obedience to Authority, Most of the ...