Would it change the situation if jerry found a great deal

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Reference no: EM133617131

Question: Jerry works as an agent for a wealthy local businessman to buy real estate. It's obvious that Jerry is working on someone's behalf, but no one knows who he really works for. What is this type of situation called? If Jerry bought a piece of real estate for the businessmen, could he get stuck owing the full sum? Explain. Would it change the situation if Jerry found a great deal and bought a new Ferrari for the guy instead of believing he would want it? Explain briefly.

Reference no: EM133617131

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