Texaco liable for tortious interference with Pennzoil's contract to acquire Getty Oil, resulting in the largest tortious interference verdict in US history at the time.
Contract
A party who signs a contractual document is bound by its terms whether or not they read or understood them, affirming the objective theory of contract.
An agent's ostensible authority is determined by what the principal communicated to the third party, not by private arrangements between principal and agent.
Entire agreement clauses and the parol evidence rule preclude reliance on extrinsic implied terms inconsistent with a written contract.
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