The following contract was executed on August 22: Ray agrees to sell and Shaw, the representative of
Question:
Ray agrees to sell and Shaw, the representative of Todd and acting on his behalf, agrees to buy 10,000 pounds of 0.32 × 1 5/8 stainless steel strip type 410.
(signed) Ray
(signed) Shaw
On August 26, Ray informs Shaw and Todd that the contract was in reality signed by him as agent for Upson. What are the rights of Ray, Shaw, Todd, and Upson in the event of a breach of the contract?
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Ray Todd and Upson are bound by the contract but Shaw is not a Ray although an agent for Upson is bo...View the full answer
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Related Book For 
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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