Answered step by step
Verified Expert Solution
Question
1 Approved Answer
23. Mile lirm Cludy,real etate to el h a Cindy is Mike's agent unil aerthe house is rebuilt and sold h The agency relationship is
23. Mile lirm Cludy,real etate to el h a Cindy is Mike's agent unil aerthe house is rebuilt and sold h The agency relationship is terminated e Cindy is Mike's agent until afher the ouse is rebuilt only ife ve additional considerstion d None of the above 24 Contract law governs franchise relationships 25 A elient walks into your office and peovides you with the following information lHis Ilis name is Alesander Whitney, he lives in Nassau County and wants to open a sole proprietorship from his home. He is a painter and wants to call his business Alea's A Painting Services."- You advise him that a separabe tax return must be filed for the entity known as "Alex's A+ Painting Services." Are you correst 26. A real estate business cannot be operated as a sole peoprietorship 27 Plak Investments Conspany employs Allan to buy property for a future coesmercial development. Allan secretly buys some of the property and sells it to Plak at an inflated price. Allan has breached a. no duty b. the duty of loyalty e. the duty of accounting d. the duty of notification. 28. Paulette hires Arthur to manage her apartment building. Arthur notices that the vacant lot across the street is for sale, thinks it would make a good parking lot, and buys it in the name of Paulette. Paulette learns of the transaction, approves of it, and fulfills her obligation under it. This is an example of what doctrine of agency law? a. implied authority b. express authority c, agency by estoppel. d. ratification
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started