1. Explain the "Theory of Imputed Knowledge"

2. What are the exceptions to the "Theory of Imputed Knowledge"?

3. A granted B the exclusive right to sell his brand of shoes in Albay, the price for his merchandise payable within 60 days from delivery, and promising B a commission of 20% on all sales. After the delivery of the merchandise to B but before he could sell any of them, B's store in Albay was completely burned without his fault, together with all of A's shoes. Must B pay A for the lost shoes? Explain.

4. What is the "Doctrine of Apparent Authority"?

5. P granted to A a special power to mortgage the former's real estate. By virtue of said power, A secured a loan from C secured by a mortgage on said real estate. Is P personally liable for said loan? Explain.

6. Is the sale of the land by the agent after the death of the principal valid? Why or why not?