QUESTION 25 After years of studying design, you have decided to launch a new label selling...

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QUESTION 25 After years of studying design, you have decided to launch a new label selling business suits made from the finest fabrics. You ask your friend, Lee, to help source materials and act as your purchasing agent. Lee is the son of a famous clothing distributor and you are confident he will be able to get you better supplies at better prices if he tells the vendors that he is buying the fabrics for himself, rather than acting on your behalf. If Lee pretends to be the owner of the suit business and does not disclose your existence, then what might happen? O Lee runs the risk of being personally liable if the court finds evidence of an undisclosed principal O Lee can ue You for if you breach any contract that he concludes with another vendor Lee has no liability risk at all because he is only a purchasing agent Lee can go to jail for the tort of defamation QUESTION 25 After years of studying design, you have decided to launch a new label selling business suits made from the finest fabrics. You ask your friend, Lee, to help source materials and act as your purchasing agent. Lee is the son of a famous clothing distributor and you are confident he will be able to get you better supplies at better prices if he tells the vendors that he is buying the fabrics for himself, rather than acting on your behalf. If Lee pretends to be the owner of the suit business and does not disclose your existence, then what might happen? O Lee runs the risk of being personally liable if the court finds evidence of an undisclosed principal O Lee can ue You for if you breach any contract that he concludes with another vendor Lee has no liability risk at all because he is only a purchasing agent Lee can go to jail for the tort of defamation