Week 3 test bus311 business law
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1. With authority, Ganeesh contracts to buy Sam’s farm for Belinda. Because he believes that Sam will raise the price if he finds out that he is representing Belinda, Ganeesh does not tell Sam he is representing anyone. On the day of the closing, neither Ganeesh nor Belinda shows up. Which of the following statements is NOT true? (Points : 1) Sam could hold Ganeesh liable on the contract.
Sam could hold Belinda liable on the contract.
Belinda could legally withdraw from the contract before the closing.
If he is sued, Ganeesh can recover indemnification from Belinda.
All of these
True False |
appropriate because Margaret gave him a financial power of attorney. illegal because Jose’s authority as power of attorney ended upon Margaret’s death. appropriate because he was acting in Margaret’s best interest. illegal because Jose was not acting in Margaret’s best interest.
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True False |
True False |
True False |
Fair Labor Standards Board Equal Employment Opportunity Commission Federal Trade Commission National Labor Relations Board
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Mariel is liable to Dan. Andrew is liable to Mariel. Andrew is liable to Dan. Two of these All of these
|
True False |
Sexual orientation Religion Age Mental illness
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