menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 33: Agency Liability and Termination
  5. Question
    Lima, an Agent for Mindwonder Games LLC, Executes an Unauthorized
Solved

Lima, an Agent for Mindwonder Games LLC, Executes an Unauthorized

Question 2

Question 2

Multiple Choice

Lima, an agent for Mindwonder Games LLC, executes an unauthorized contract with NOW Marketing Inc. The deal is highly advantageous to Mindwonder, and the company ratifies the contract. The contract is​


A) ​valid.
B) ​vicarious.
C) ​void.
D) ​voidable.

Correct Answer:

verifed

Verified

Related Questions

Q5: Mirena serves in a representative capacity for

Q5: Ratification occurs when a principal affirms, or

Q6: Seed Packets, Inc., a garden seed company,

Q9: Bud approves on behalf of Cody-but without

Q21: A principal is not normally liable for

Q30: A principal cannot be estopped from denying

Q31: A special power of attorney permits an

Q43: Private Security Service employs Olsen as an

Q72: Olive, an agent for Precision Paving Corporation,

Q132: Giving an agent a power of attorney

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines