QuickHelper

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Teaching Since: May 2017
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
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Category > Management Posted 15 Oct 2017 My Price 7.00

Allen has been trying to buy up land in a certain area in order to build a shopping mall.

Allen has been trying to buy up land in a certain area in order to build a shopping mall. He is afraid that if property owners find out what he wants to do with the land they will demand an exorbitant price for the land. For this reason Allen has a real estate agent make offers to buy the land, and instructed the agent to not disclose to the sellers the true identity of the buyer (Allen). Assuming that the real estate agent follows these instructions, who can the sellers hold liable on the real estate contracts made by the real estate agent on Allen's behalf?

A. Allen only
B. The real estate agent only
C. Either Allen or the real estate agent

Answers

(10)
Status NEW Posted 15 Oct 2017 04:10 PM My Price 7.00

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