Business, 15.04.2020 00:20, andrewbigbrains8740
James Franklin listed his home with Freda Payne Realty. The listing contract provided that Franklin's home could not be sold for less than $100,000.Freda entered into a contract for Franklin to sell his home for $95,000.Which of the following statements is true?
A) Although Freda did not have actual authority, she had apparent authority and the contract is binding on Franklin.
B) Freda did not have actual or apparent authority to enter into the contract and it is not binding on Franklin.
C) Freda had implied authority to enter into the contract and it is binding on Franklin.
D) The buyer can enforce the contract against Franklin using promissory estoppel.
Answers: 1
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James Franklin listed his home with Freda Payne Realty. The listing contract provided that Franklin'...
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