60. Jack was fired by Larry but decided to try to win back his job as agent by getting a big new contract. He approached Sharon, a new client, and made a pitch to sell Larry's product. Sharon agreed to buy 100. Jack tells Larry. What are the legal consequences?a. Larry has to hire Jack again and then make the deal.b. Larry would have to ratify the deal to get the benefit of the contract.c. Larry would have to negotiate the deal with Sharon himself.d. Jack would forfeit his commission if Larry ratified the contract.
61. Which of the following is correct under the Second Restatement with regard to actual noticeto a third party of the termination of an agent's authority to act on behalf of the principal?
62. If Carol, acting as agent for Steve, signs a contract, she alone will be personally bound by it:
63. Bryant, doing business as Fair Realty, employs Chris and Deborah as salespersons. Tammy contracts with Bryant to sell her house because she is aware of the good reputation of Fair Realty’s salespersons. In this situation: