For an agent's implied authority to be effective, aprincipal must confirm it in writing.?
Indicate whether the statement is true or false
False
You might also like to view...
If the title proves to be defective or if the grantor has no title, the grantee has the right to sue the grantor of a quitclaim deed.
Answer the following statement true (T) or false (F)
According to the text, relative changes in wage rates among nations may cause the multinational firm to
A. choose new exchange rates. B. change its sources of supply from one country to another. C. install labor-saving machinery. D. reduce the number of workers. E. eliminate product lines.
Sam Mueller and Geoffrey Robinson enter into a limited partnership in which Sam is the general partner and Geoffrey is the limited partner. They borrow $50,000 to start a business
Keeping all rules of naming their businesses in mind, they start a law firm named Robinson-Mueller Legal Associates. Martin Humphrey joins them after eleven months as a general partner but does not include his surname in the name of the business. If the business fails, which of the following is true? A) Only Sam, being the sole general partner is liable to the creditor. B) Martin has unlimited personal liability for not including his surname in the name of the business. C) Geoffrey is liable as a general partner as he included his surname in the business with full knowledge. D) All three partners are equally liable to the creditor, irrespective of including their surname in the title of the business.
The UCC requires sellers to give written warranties
a. True b. False Indicate whether the statement is true or false