Which of the Following Is True Regarding a Situation Where

Multiple Choice

Which of the following is true regarding a situation where an agent exceeds the scope of his or her authority in entering into a contract?

A) The agent would never be held liable to the third party.
B) The agent would always be held liable to the third party.
C) The principal would always be held liable to the third party.
D) The principal would never be held liable to the third party.
E) The principal is not liable on the contract unless the principal ratifies it.