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Law, 22.04.2020 03:02 zafyafimli

True or false?If an agent contracts with a third party without authority from the principal, the is not liable on the contract. If the third party knows of the existence of a principal, either disclosed or partially disclosed, then the is liable to the third party who relied on the agency status. In this situation, there is a breach of the warranty of authority. If the third party knows that the agent does not have authority, then the agent liable to the third party.

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True or false?If an agent contracts with a third party without authority from the principal, the is...
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