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Question
Young has just fired Kathy who was her agent. Young places an ad in the classified section of the various local newspapers stating that "Kathy no longer works for or represents Young in any way". Young would place this ad:A.to eliminate any possible liability resulting from actual authority.
B.to eliminate any possible liability resulting from apparent authority.
C.to eliminate any possible liability resulting from ratification.
D.to eliminate any possible liability resulting from respondeat superior.
Answer
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Related questions
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In Mobil Oil Exploration & Producing Southeast, Inc. v. United States:
A.Mobil was able to get out of the contract for the $156 million lease because the new law passed at the last minute changed the terms of the original contract amounting to repudiation by the United States.
B.Mobil was able to get out of the contract for the $156 million lease because the new law passed at the last minute changed the terms of the contract, barring certain types of oil exploration, frustrating Mobil's contractual purpose.
C.Mobil could not claim an anticipatory repudiation because even though as new law had been passed, they had not yet filed their oil excavation plan so they could not know whether they were facing a problem.
D.Mobil could not claim an anticipatory repudiation because even though as new law had been passed, it did not substantially change the terms of the original contract.
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A.accord and satisfaction.
B.novation.
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Q:
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