Ms. Bee showed Mr. Jack's Candlestick Lane property to Mr. Nimble & Ms. Quick without having an agency with Jack. Later Jack quickly accepted the offer to purchase, which was submitted by Bee on behalf of Nimble & Quick. Jack, Bee, Nimble and Quick jumped over the Candlestick agency hurdles and successfully closed escrow in just three days for all cash. Jack consented to Bee's unauthorized acts. Under these circumstances, an agency could be created by: O Fiduciary O Estoppel Assumption O Ratification

Ms. Bee showed Mr. Jack's Candlestick Lane property to Mr. Nimble & Ms. Quick without having an agency with Jack. Later Jack quickly accepted the offer to purchase, which was submitted by Bee on behalf of Nimble & Quick. Jack, Bee, Nimble and Quick jumped over the Candlestick agency hurdles and successfully closed escrow in just three days for all cash. Jack consented to Bee's unauthorized acts. Under these circumstances, an agency could be created by: O Fiduciary O Estoppel Assumption O Ratification

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter10: Prices, Output, And Strategy: Pure And Monopolistic Competition

Section: Chapter Questions

Problem 10E

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