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Commercial and Consumer Law Notes
91 Pages • Complete Study Notes • Year: Pre-2018
1. Drawadiagram a. Whoistheprincipal b. Whoistheagent c. Who is the 3rd party 2. Makeanoteofwhoistryingtoenforceagainstwho a. Is the 3rd party wanting to sue for the balance of the K price? i. If they fail, they will want to sue the agent for breach of warranty of authority. b. Is the principal wanting to ratify but the 3rd party is resisting? c. Does the conduct of the agent need to be attributed to the corporate principal?
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