Multiple Choice
An agent is not liable for making an unauthorized contract if:
A) the third party does not know that the agent lacks authority.
B) the principal fails to subsequently ratify the contract.
C) the agent does not notify the third party that he does not warrant his authority to contract.
D) the third party actually knows that the agent lacks authority.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: The principal's ratification of a contract can
Q45: A principal is _ if a third
Q46: Phillips hires Addis,who had sixteen prior convictions
Q47: Lee,a landlord,hires Shomo,a repairman,to fix a broken
Q48: Why is it impossible for there to
Q50: A principal is liable for the misrepresentations
Q51: When is a principal directly liable for
Q52: When do exculpatory clauses not protect a
Q53: If an agent has,within the scope of
Q54: The doctrine of respondeat superior means:<br>A)"let the