Compare contract liability of the principal and the agent

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Reference no: EM131494214

Question: 1. Give examples of actual and implied authority.

2. What are the differences between the three types of authority that an agent has?

3. Compare the contract liability of the principal and the agent

(a) when the agent acts within the scope of authority and

(b) when the agent acts without authority or does not disclose the principal's identity to third parties.

Reference no: EM131494214

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