Question
Carly was Mike's agent. Carly accepted an offer from Jessie to buy Mike's hardware store even though she knows that Mike died two days earlier.
Carly was Mike's agent. Carly accepted an offer from Jessie to buy Mike's hardware store even though she knows that Mike died two days earlier. When Jessie learns of the death, can she successfully sue Mike's estate to complete the sale?
No, because the agency relationship terminated on the death of the principal
Yes, because an estate is always responsible for the contracts, liabilities, and debts of the person who died
Yes, because although the agency relationship was terminated by death, a second agency by estoppel was created until Jessie learned about the
death
Yes, because Mike was a principal of Carly and she could bind him in contracts
Yes, because Carly was an agent of Mike and could bind him in contracts
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