A Broker representing a seller is reviewing a contract for sale. If the broker discovers that the buyer is signing as a

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answerhappygod
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A Broker representing a seller is reviewing a contract for sale. If the broker discovers that the buyer is signing as a

Post by answerhappygod »

A Broker representing a seller is reviewing a contract for sale.
If the broker discovers that the buyer is signing as a corporation,
he should take all of the following steps to ensure the validity of
the contract EXCEPT:
A.) Confirm that the corporation is in existence
B) get a personal guarantee of performance from the signer.
C.) obtain a power of attorney from his client to enable him to
negotiate with authority.
D.) obtain a resolution of the board of directors that
authorizes the signing of the contract.
This question has been answered but I believe it was
answered incorrectly. Does it matter if it is in Hawaii? Please
provide me with correct answer with explanation.
Thanks!
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