Rice hired Carter, a real estate broker, to buy a certain piece of land from King for $25,000 . Carter signed a contract agreeing to pay King $30,000 . When Rice heard, she refused to go through with the contract. What action can King take?
King can sue Rice for breach of contract because of Carter's apparent authority. Rice could then sue Carter for violating the agent's duty of obedience.
You might also like to view...
Captive pricing entails gaining a commitment from a customer to a basic product or system that requires continual purchase of peripherals to operate.
Answer the following statement true (T) or false (F)
Each website has a unique online address
Indicate whether the statement is true or false
The political environment is the customs, attitudes, and practices that make a company unique. _________________________
Answer the following statement true (T) or false (F)
Where in the project life cycle are the intensity level of resources and client interest at their highest? Why is this the case?
What will be an ideal response?