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Question
Lydia borrows $500 for textbooks from Gerry. She gives Gerry the authority to sell her DVD player to satisfy his claim if she does not pay the loan back as promised. She does not pay the loan back as promised. Under these circumstances:
A. a dual agency exists.
B. Lydia can revoke Gerry's power if the books are damaged.
C. if Lydia dies, there is termination of the agency even if the debt remains unpaid.
D. Lydia cannot revoke Gerry's power to sell the DVD player.
Answer
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Related questions
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