True/False
A principal is contractually bound to a third party if the agent acts without any authority but the principal ratifies the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Respondeat superior :<br>A) imposes vicarious liability on
Q10: Edward is hired to manage Fred's business.
Q11: Paul is a truck driver who owns
Q12: An agent is not normally liable on
Q13: Sam is a sales representative for the
Q15: The court in Connes v. Molalla Transport
Q16: Under the rule of the Third Restatement,
Q17: The doctrine of respondeat superior is most
Q18: Ratification may relate to acts that have
Q19: Apparent authority may arise by an agent's