Charles states he has authority to contract for Wyatt and that he will be personally liable if he does not in fact have the authority to bind Wyatt. Identify the name and effect of Charles’s statement.

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asked Apr 9, 2022 208k views

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Charles states he has authority to contract for Wyatt and that he will be personally liable if he does not in fact have the authority to bind Wyatt. Identify the name and effect of Charles’s statement. If Charles enters the contract without making such a statement, is there a way the same effect could result?