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31. The Second Restatement provides that the death of a principal terminates all authority of an agent, including apparent authority, even though no notice is given to third parties. a. Trueb. False32. Under the Uniform Durable Power of Attorney Act, if a principal whohas executed a written durable power of attorney becomes incapacitated,the actual authority of an agent survives. 33. If Sierra orally requests her agent Scott to sell her desk for at least $450, Scott’s authority to sell the desk for this amount is actual and express. 34. A person who purports to act as agent for a principal whom both theagent and the third party know to be wholly incompetent is personally liable on a contract entered into with a third person on behalf of sucha principal. 35. Samuel writes to Emma authorizing her to sell his automobile for $3,000. Emma, although she has no authority to delegate this task, asksRenaldo to try to sell the car. If Renaldo makes a contract with Michelle for the sale of the car, Samuel is not obligated to sell to Michelle, and Samuel acquires no rights against Michelle. a. Trueb. False
36. The principal may ratify either the entire contract or certain parts of it. 37. An agent who makes a contract with a third person on behalf of a disclosed principal usually is not a party to the contract. 38. The doctrine of ____ is the basis for an employer's liability for an unauthorized tort committed by his employee in the course of his employment.39. Which of the following is true regarding an agent who is acting for an undisclosed principal?a. The agent with actual authority will bind both himself and the principal on most contracts.b. The third party will never be bound in a contract with the principal.c. An undisclosed principal will bind only himself and not the agent.d. Failure to disclose the name of the principal is a form of fraud.40. An agent acts for a(n) ____ principal when she appears to be acting on her own behalf and the third person with whom she is dealing has no knowledge that she is an agent.41. Richard writes a letter to Sarah authorizing her to sell his car and sends a copy of the letter to Timothy, a prospective purchaser. If the next day Richard sends a letter to Sarah revoking her authority, but he fails to notify Timothy, Sarah: