However, it is not a perfect answer to the problems of agency law and, in particular, it does not greatly improve on the current Confract
Law provisions in relation to ostensible authority.
The Global Competitiveness Report Average responses of business executives surveyed to the following question (scale of 1 to 7): When deciding upon policies and confracts
, government officials: 1 = usually favor well-connected firms and individuals, 7 = are neutral among firms and individuals.
According to a developer, who asked to remain anonymous, the Economic Development Corporation (EDC) reneged on a deal with developer Abraham Hirschfeld's son, Elie, after he confracted
the building last spring.