Lakeside Resort hires Micheline to act as its agent to buy a 1,000-acre waterfro
ID: 460245 • Letter: L
Question
Lakeside Resort hires Micheline to act as its agent to buy a 1,000-acre waterfront tract of land from Nabil for $1,000 per acre. Lakeside does not want Nabil to know that it is the principal or that Micheline is its agent. Lakeside wants the land for a new marina, and believes that Nabil may not sell the land for that purpose because Nabil already owns a marina just down the shore or may demand a premium price. Micheline makes the purchase, signing only her name on the contract as the buyer and not disclosing to Nabil the agency relationship. Lakeside gives Micheline the amount to pay for the land, but she absconds with the funds. Nabil soon learns of Lakeside’s identity. Micheline has used John as her real estate agent. He works for Caldwell Banker;s Boise office. He knows that she is representing Lakeside. Nabil uses as an agent, Peter who works for Caldwell Banker’s Meridian office. Peter does not know that Micheline is representing Lakeside. Nabil stands to lose a lot of money. Can Nabil enforce the contract against Lakeside? Against Micheline? Is he entitled to damages from anyone? Under what theory?
Explanation / Answer
No, Nabil can't enforce the contract against lakeside but against Micheline.He is entitled to damages from Micheline.It is valid under contract theory.
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