Reference no: EM131336784
Please answer multiple choice law questions.
After completing your assignment save your answers in a WORD format and attached it to the appropriate place in your blackboard.
Chose the correct answer from the choices given below
1-Paula collects rare books. She hires Alice to find a rare book to complete her collection. Alice searches everywhere for the rare book.
As Alice is about to pay for the book. Paula dies. Are Paula's hires bound by the contract and liable to pay for the book?
(a) Yes, because it was an agency with express authority.
(b) No, because the express authority agency terminated upon Paula's death.
(c) No, because the express authority agency survives death and incapacity.
2-Sarah authorized Noura to buy diamonds. Noura spotted choice diamonds and secretly buys them for herself for $1 million. Noura then resells the diamonds for $2 million. What duties, if any, has Noura breached?
(a) Duty of Loyalty
(b) Duty of Care
(c) Duty of obedience
3-Sarah gives Noura a power of attorney only to purchase steel chairs. Noura enters into a contract to purchase 1,000 wooden chairs.
Sarah tells Noura "Great Job! I love wooden chairs, but I only need 500" is Sarah bound?
(a) Yes, because Sarah ratified the contract Noura made.
(b) No, because Sarah is only liable for her authorized actions. And she authorized the purchase of steel chairs not wooden.
(c) Sarah will only be bound for the 500 wooden chairs she ratified.
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