True/False
If an agent exceeds his actual and apparent authority,the principal is not bound,which makes the agent a party to the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: Which of the following is true regarding
Q46: Seth grants express authority to Reba to
Q47: The contract liability of the principal may
Q48: Under the Uniform Durable Power of Attorney
Q49: Ratification:<br>A) can only occur after the third
Q51: Bryant,doing business as Fair Realty,employs Chris and
Q52: An employer can be liable for an
Q53: Ratification and adoption of contracts have the
Q54: Roger is the promoter of a new
Q55: A subagent owes a fiduciary duty to