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Business-Law True or False: The rules of agency apply to contracts formed by corporations.?
Published March 10, 2011
Question by bmwtdc: Business-Law True or False: The rules of agency apply to contracts formed by corporations.?
Best answer:
Answer by Sarah Kolb
According to Wikipedia: “In the case of a corporation, since a corporation is a fictitious legal person, it can only act through human agents. The principal is bound by the contract entered into by the agent, so long as the agent performs within the scope of the agency.”
Add your own answer in the comments!
Posted in Music Contract Information | Tagged agency, Apply, BusinessLaw, Contracts, corporations, False, formed, rules, true