SOCIAL SCI
1083-[flashcard-TEST-PREP].pdf

The wheat is stored in a grain elevator and has

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bakery. The wheat is stored in a grain elevator and has become infested with insects. Miller is: not discharged, but must substitute wheat or pay damages to the bakery for breach of contract Edward writes to Judy, who is in the business of purchasing goods for others, telling her to purchase certain goods and ship them to him. Before answering Edward's letter, Judy does as directed and charges the goods to Edward. Judy was not authorized to do this bc an agency relationship did not yet exist between Edward and Judy False A(n) ____ is an instrument that evidences an agent's appointment and states the nature or extent of the agent's authority. power of attorney Which of the following is correct with regard to the capacity of an agent? If an incompetent person who is not under guardianship appoints an agent, contracts made by that agent are voidable If Carol, acting as agent for Steve, signs a contract, she alone will be personally bound by it: If Steve's name or the fact that Carol is an agent is never mentioned and Steve does not carry out the contract
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