Beta

Flashcards Studio

Write, submit, and receive AI feedback with score breakdowns.

Study Settings View Stats

Grades Left 0 this week

AI Graded 0 this week

Tracked Cards 0 saved

Due Review 0 cards

Source Principal Liability Principal Liability Matched to this deck.

Topic

Question Type

Reader

0 tracked cards UBE

An owner privately tells a manager not to buy more than $5,000 of inventory. The manager later orders $7,500 of goods from a supplier.
What fact would most help the owner avoid liability to the supplier?

Choose the Best Answer

A private instruction is irrelevant even if the third party knows the agent lacks authority. A private instruction always defeats liability even if the third party never learns of it. A private instruction matters only if filed with a state agency. A private instruction limiting authority is most effective against a third party who knows or has notice of the limit before contracting.

Load another random question

Your Progress

No data Retention

Tracked Cards: 0
Accuracy: No data
Retained: 0

View Detailed Analytics

Difficulty Breakdown

Answer flashcards to build a real score-based difficulty breakdown.

Current Streak 0 Days

Start a streak with this card.

Suggested Decks

View All

Leech Cards

Review

No recent weak flashcards in your saved workbook.

More

Flashcards Studio

Question

Choose the Best Answer

Hello