Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

______________ is when the government confiscates property as a punishment for criminal activity. __________ is the lowest level of criminal mens rea. Marco was a

______________ is when the government confiscates property as a punishment for criminal activity.

__________ is the lowest level of criminal mens rea.

Marco was a furniture buyer for Wellart Department Stores. Marco was authorized to enter into contracts worth up to $50,000. Marco entered into a contract with Frank's Furniture to purchase $100,000 worth of dining room furniture. If Wellart refuses to honor the contract and Frank's sues,

Wellart will win, as Marco exceeded his authorized limit.

Wellart will win since it never ratified the contract.

Frank's will win, as Marco had implied and/or apparent authority.

Frank's will win, as Marco had express authority.

The inherent power of an agent to accomplish the purpose of the agency comes from the agent's

apparent authority.

incidental authority.

express authority.

actual authority.

implied authority.

On behalf of Bayner, Inc., Myron entered into a contract with Southern. Southern was not aware that Myron was acting on Bayner's behalf. If the contract is breached, Southern could potentially sue

Myron only.

Bayner only.

Both Bayner and Myron.

Neither Bayner nor Myron.

_____________ allows for a company to be held liable for the actions of an agent, even if the agent is an independent contractor.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Law questions

Question

1. Why do we trust one type of information more than another?

Answered: 1 week ago