TOPIC:
Delilah, does not return with wood pulp, but brings back three contracts. Acting within the scope of her authority, she contracted with Evon, who knew your identity at the time; Felipe, who knew that Delilah was acting on behalf of someone but not whom; and Giorgio, who did not know that Delilah was acting on anyone’s behalf. For which contracts, if any, are you liable? For which contracts, if any, is Delilah liable? Explain.
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Art: Assessment of Contracts
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A contract is an agreement between two or more before where one makes an offer and the other accepts it (Penner, 2014). Although many contracts are written, verbal agreements are also legally binding as long as there is consideration. Sometimes, an individual can enter into a contract on behalf of a principal (third party), in such circumstances; since such an individual was authorized the principal holds liability. In addition, a contract is legal and binding if entered between two or more people if the said individuals are mature, mentally upright and sober at the time of contract. The contracts between Delilah and Evon and Felipe are binding since they were aware that Delilah was working as a representative for somebody else. Felipe and Evon in entering the contracts with complete knowledge that Delilah was acting for…………………………………………………….
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References
Penner, J. (2014). Promises, Agreements, and Contracts.Philosophical Foundations of Contract Law, 116–134. http://doi.org/10.1093/acprof:oso/9780198713012.003.0007
USLegal. (2015). Rights, Duties, and Liabilities Between Principal and Third Parties. Retrieved 2015, from http://agency.uslegal.com/rights-duties-and-liabilities-between-principal-and-third-parties/