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Malcolm owns and operates a musical instruments retail store. The business specializes in the sale of vintage, customized, high quality, and rare guitars and also provides accessories, parts, care, and maintenance services related to those instruments. With his girlfriend Ashley, Malcolm recently visited Kandace, a professional musician, wholesale distributor of instruments, and a collector and dealer of rare guitars. At the time, Malcolm and Ashley were engaged to be married. Malcolm had no express, written agreement with Ashley that designated her as his agent. Kandace asked Malcolm if Ashley was buying for him. Malcolm did not want to embarrass Ashley, so he nodded in agreement in response to Kandace's question. A few minutes later, while Kandace went into to her office to take a phone call with a potential seller, Malcolm whispered to Ashley that she should not make any purchases. Malcolm and Ashley had a big disagreement over money that evening, and Ashley broke off their engagement. The next day, Ashley went back to Kandace's office and struck a deal to purchase a rare Gibson guitar once owned and played by jazz virtuoso Djoe Mathedrix. The terms included a purchase price of $12,500 cash with delivery set for June 30. QUESTION: Regarding the the agreement to purchase the guitar from Kandace, what type of agency, if any, did Ashley have to act on behalf of Malcolm?

Malcolm owns and operates a musical instruments retail store. The business specializes in the sale of vintage, customized, high quality, and rare guitars and also provides accessories, parts, care, and maintenance services related to those instruments. With his girlfriend Ashley, Malcolm recently visited Kandace, a professional musician, wholesale distributor of instruments, and a collector and dealer of rare guitars. At the time, Malcolm and Ashley were engaged to be married. Malcolm had no express, written agreement with Ashley that designated her as his agent. Kandace asked Malcolm if Ashley was buying for him. Malcolm did not want to embarrass Ashley, so he nodded in agreement in response to Kandace's question. A few minutes later, while Kandace went into to her office to take a phone call with a potential seller, Malcolm whispered to Ashley that she should not make any purchases. Malcolm and Ashley had a big disagreement over money that evening, and Ashley broke off their engagement. The next day, Ashley went back to Kandace's office and struck a deal to purchase a rare Gibson guitar once owned and played by jazz virtuoso Djoe Mathedrix. The terms included a purchase price of $12,500 cash with delivery set for June 30. QUESTION: Regarding the the agreement to purchase the guitar from Kandace, what type of agency, if any, did Ashley have to act on behalf of Malcolm?

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%... Chapter 10: Campa... G Google QEco chap 10 Flashc... Q Complex Domestic... S Qdriving Flashcards .... C Chegg 2: (Due Dec. 9, 2022) i 1:47:02 Maps M Gmail: Book w O Malcolm owns and operates a musical instruments retail store. The business specializes in the sale of vintage, customized, high quality, and rare guitars and also provides accessories, parts, care, and maintenance services related to those instruments. Saved Multiple Choice With his girlfriend Ashley, Malcolm recently visited Kandace, a professional musician, wholesale distributor of instruments, and a collector and dealer of rare guitars. At the time, Malcolm and Ashley were engaged to be married. Malcolm had no express, written agreement with Ashley that designated her as his agent. Kandace asked Malcolm if Ashley was buying for him. Malcolm did not want to embarrass Ashley, so he nodded in agreement in response to Kandace's question. A few minutes later, while Kandace went into to her office to take a phone call with a potential seller, Malcolm whispered to Ashley that she should not make any purchases. Malcolm and Ashley had a big disagreement over money that evening, and Ashley broke off their engagement. O Help The next day, Ashley went back to Kandace's office and struck a deal to purchase a rare Gibson guitar once owned and played by jazz virtuoso Djoe Mathedrix. The terms included a purchase price of $12,500 cash with delivery set for June 30. < Prev QUESTION: Regarding the the agreement t purchase the guitar from Kandace, what type of agency, if any, did Ashley have to act on behalf of Malcolm? Alabama Governor..... 60 of 60 # Save & Exit Next 0 Dec 8 Submit 11:18
Transcribed Image Text:ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%... Chapter 10: Campa... G Google QEco chap 10 Flashc... Q Complex Domestic... S Qdriving Flashcards .... C Chegg 2: (Due Dec. 9, 2022) i 1:47:02 Maps M Gmail: Book w O Malcolm owns and operates a musical instruments retail store. The business specializes in the sale of vintage, customized, high quality, and rare guitars and also provides accessories, parts, care, and maintenance services related to those instruments. Saved Multiple Choice With his girlfriend Ashley, Malcolm recently visited Kandace, a professional musician, wholesale distributor of instruments, and a collector and dealer of rare guitars. At the time, Malcolm and Ashley were engaged to be married. Malcolm had no express, written agreement with Ashley that designated her as his agent. Kandace asked Malcolm if Ashley was buying for him. Malcolm did not want to embarrass Ashley, so he nodded in agreement in response to Kandace's question. A few minutes later, while Kandace went into to her office to take a phone call with a potential seller, Malcolm whispered to Ashley that she should not make any purchases. Malcolm and Ashley had a big disagreement over money that evening, and Ashley broke off their engagement. O Help The next day, Ashley went back to Kandace's office and struck a deal to purchase a rare Gibson guitar once owned and played by jazz virtuoso Djoe Mathedrix. The terms included a purchase price of $12,500 cash with delivery set for June 30. < Prev QUESTION: Regarding the the agreement t purchase the guitar from Kandace, what type of agency, if any, did Ashley have to act on behalf of Malcolm? Alabama Governor..... 60 of 60 # Save & Exit Next 0 Dec 8 Submit 11:18
Chegg 2: (Due Dec. 9, 2022) i O 1:46:54 ook Maps M Gmail W Chapter 10: Campa... A secret agency Google Eco chap 10 Flashc... An implied agency, based on Malcolm's act of nodding in response to Kandace's question. An apparent agency Saved An express agency was in effect even though Ashley was not Malcolm's agent.. < Prev. Complex Domestic... No type of agency was in effect because no written agreement was in place by which Ashley was Malcolm's agent. 60 of 60 Qdriving Flashcards |... Next Help ☐ Alabama Save & Exit Dec 8
Transcribed Image Text:Chegg 2: (Due Dec. 9, 2022) i O 1:46:54 ook Maps M Gmail W Chapter 10: Campa... A secret agency Google Eco chap 10 Flashc... An implied agency, based on Malcolm's act of nodding in response to Kandace's question. An apparent agency Saved An express agency was in effect even though Ashley was not Malcolm's agent.. < Prev. Complex Domestic... No type of agency was in effect because no written agreement was in place by which Ashley was Malcolm's agent. 60 of 60 Qdriving Flashcards |... Next Help ☐ Alabama Save & Exit Dec 8
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