With authority, Ganeesh contracts to buy Sam’s farm for Belinda. Because he believes that Sam will raise the price if he finds out that he is representing Belinda, Ganeesh does not tell Sam he is representing anyone. On the day of the closing, neither Ganeesh nor Belinda shows up. Which of the following statements is NOT true? (Points : 1)
Sam could hold Ganeesh liable on the contract.
Sam could hold Belinda liable on the contract.
Belinda could legally withdraw from the contract before the closing.
If he is sued, Ganeesh can recover indemnification from Belinda.
All of these
Just took this test..right answer... Belinda could legally withdraw from the contract before the closing.
The statement that is NOT true is: "If he is sued, Ganeesh can recover indemnification from Belinda."
To determine which of the following statements is NOT true, let's analyze each statement one by one:
1. Sam could hold Ganeesh liable on the contract.
- This statement is true. Since Ganeesh contracted to buy Sam's farm, Sam could hold him liable for breaching the contract.
2. Sam could hold Belinda liable on the contract.
- This statement is also true. Although Ganeesh did not disclose that he was representing Belinda, the contract was made on behalf of Belinda. Therefore, Sam could hold Belinda liable as well.
3. Belinda could legally withdraw from the contract before the closing.
- This statement is also true. If Belinda did not show up at the closing, she could legally withdraw from the contract. However, it should be noted that withdrawing from a contract may have legal implications, such as potential liabilities or damages.
4. If he is sued, Ganeesh can recover indemnification from Belinda.
- This statement is true. If Ganeesh is sued for breaching the contract, he can seek indemnification from Belinda as she would be the principal in the transaction.
From the analysis above, we can conclude that all of the statements are true. Therefore, the answer is "All of these."