Discussion Post: Business Law
• What are the different types of authority an agent might have, and why is it important to identify the type of an agent's authority?
• Go back to the reading in Chapter 16, p.320, and read Webster v. Blue Ship Tearoom. Can you think of other situations today for which this case might serve as legal precedent?
• Why would the existence of conditions subsequent and precedent affect the discharge of a contract?
• What is the difference between an Offer for a unilateral contract and an Offer for a bilateral contract? Why might that difference be important to understand?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.