When Kraus discharged his purchasing agent, Stacey, and terminated their agency relationship, Stacey became angry. To get even, Stacey made two contracts that included terms that were unfavorable to Kraus, yet were reasonable in the competitive market. The first contract was with an old customer, A, who thought Stacey was still the purchasing agent for Kraus. The second contract was with a new customer, B, who had never heard of Stacey or Kraus before. Is Kraus liable on either of these contracts?