Tom Brady engaged a real estate agent to sell his residence in Massachusetts. TB wishes to keep his identity a secret, but the agent makes it clear to potential buyers of the property that the agent is acting on an agency capacity. Agent did not disclose TB's name at all.
If the agent sells TB's home, is TB bound by the sale?
A, Yes because he authorized the agent to sell his home.
B. Yes provided TB's identity was finally disclosed to the buyer.
C. No because TB's identity was never disclosed to the buyer.
D No so long as the agent is personally liable to the buyer.
Ans c) no because TB's identity was never disclosed to buyer.
As agent is acting on an agency capacity didn't disclosed TB's name at all, that's why TB is not bound by sale.
Tom Brady engaged a real estate agent to sell his residence in Massachusetts. TB wishes to...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...