https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png 0 0 milton https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png milton2020-11-20 10:39:552020-11-20 10:39:55Southern Vittles, LLC, hires Kim to act as its agent to buy a ten-acre tract of land from Alex for $
Southern Vittles, LLC, hires Kim to act as its agent to buy a ten-acre tract of land from Alex for $1,000 per acre. Southern Vittles does not want Alex to know that it is the principal or that Kim is its agent. Southern Vittles wants the land for a new fast-food restaurant, and believes that Alex may not sell the land for that purpose or may demand a premium price. Kim makes the purchase, signing only her name to the contract as the buyer and not disclosing to Alex the agency relationship. The transfer of the deed is to occur on May 1. Alex learns of Southern Vittlesâ€™ identity on April 15. Can Alex legally refuse to deed the property on May 1? Explain.