Cyrano hired Roxanne to purchase a yacht. Cyrano did not want sellers to know that he was the buyer because he was very rich and he thought that sellers would demand a higher price if they were aware of this. So he instructed Roxanne to inform the sellers that she was acting for an anonymous buyer. Roxanne did not disclose that she was acting on behalf of a principal, and she entered into a contract to purchase a yacht from Richard. However, Cyrano did not like the yacht that Roxanne selected and refused to pay the purchase price. Richard insisted that Roxanne herself pay the purchase price. If Richard sues Roxanne to enforce the contract against her, what will be the outcome?

Question

Business

Brendan Wells

12 January, 10:43

Cyrano hired Roxanne to purchase a yacht. Cyrano did not want sellers to know that he was the buyer because he was very rich and he thought that sellers would demand a higher price if they were aware of this. So he instructed Roxanne to inform the sellers that she was acting for an anonymous buyer. Roxanne did not disclose that she was acting on behalf of a principal, and she entered into a contract to purchase a yacht from Richard. However, Cyrano did not like the yacht that Roxanne selected and refused to pay the purchase price. Richard insisted that Roxanne herself pay the purchase price. If Richard sues Roxanne to enforce the contract against her, what will be the outcome?

+3

Answers (1)

Know the Answer?

Adison Clarke · Answer 1

Complete question:

Cyrano hired Roxanne to purchase a yacht. Cyrano did not want sellers to know that he was the buyer because he was very rich and he thought that sellers would demand a higher price if they were aware of this. So he instructed Roxanne to inform the sellers that she was acting for an anonymous buyer. Roxanne did not disclose that she was acting on behalf of a principal, and she entered into a contract to purchase a yacht from Richard. However, Cyrano did not like the yacht that Roxanne selected and refused to pay the purchase price. Richard insisted that Roxanne herself pay the purchase price. If Richard sues Roxanne to enforce the contract against her, what will be the outcome?

(A) Richard will win because Roxanne did not disclose her principal's identity

(B) Richard will win because Roxanne disclosed that she was acting as an agent and not for herself

(C) Richard will lose because Roxanne disclosed that she was acting as an agent and not for herself

(D) Richard will lose because Roxanne was acting as an agent with express authority

Answer:

If Richard sues Roxanne to enforce the contract against her, Richard will win because Roxanne did not disclose her principal's identity will be the outcome.

Explanation:

Trying to implement requires compulsory contract action. The Parties who mutually agree and are signatories to the agreement shall, by executing as agreed, adhere to the provisions of contract law.

The major methods for contract compliance are self-execution (such as trusts, trading agreement ending), credibility (for example, losing potential trade relations), administration, infrastructure (sales control, etc.) and, of course, contract regulation. The key contract compliance techniques are the enforcement of contracts.