When agent acts within scope of authority

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When an agent acts within the scope of authority, regarding contracts, when is the principal obligated to perform, and when is the agent liable? If an agent acts within the scope of authority, normally the principal is obligated to perform the contract regardless of whether the principal was disclosed, partially disclosed, or undisclosed, and the agent is also held liable under the contract in all circumstances. If an agent acts within the scope of authority, the principal is obligated to perform the contract if the principal was disclosed or partially disclosed, but whether the agent may also be held liable under the contract depends on the disclosed, partially disclosed, or undisclosed status of the principal. If an agent acts within the scope of authority, normally the principal is obligated to perform the contract regardless of whether the principal was disclosed, partially disclosed, or undisclosed, but the agent is only held liable under the contract if the principal is disclosed. If an agent acts within the scope of authority, normally the principal is obligated to perform the contract regardless of whether the principal was disclosed, partially disclosed, or undisclosed, but whether the agent may also be held liable under the contract depends on the disclosed, partially disclosed, or undisclosed status of the principal.

Reference no: EM133798965

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