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An agent has the authority to buy antiques on behalf of his or her principal. The principal dies without the knowledge of the agent, and
An agent has the authority to buy antiques on behalf of his or her principal. The principal dies without the knowledge of the agent, and the agent continues to purchase items on behalf of the principal. Which of the following is an accurate statement regarding whether the transactions after the principal's death are binding on the principal's estate? Multiple choice question. Such transactions are not binding on the principal's estate. Such transactions are binding on the principal's estate because the purchases arose out of the course and scope of the agency. Such transactions are conditionally binding on the principal's estate. Such transactions are binding on the principal's estate because the court will automatically approve them
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