Question

In Hohfeld's scheme of jural relations, when a principal confers authority on an agent to bind her by a contract with a third party, which of the following best describes the legal position of the principal?

A subject to a liability which is the jural correlative of the agent's power
B having an immunity against being bound by the agent's act
C enjoying a privilege to repudiate any contract made by the agent
D enjoying a claim-right against the third party
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