True/False
If the agent exceeds his or her authority,liability results-unless the principal ratifies the act.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Apparent authority may exist:<br>A) only if actual
Q5: When a corporation is made an agent,of
Q6: An attorney-in-fact:<br>A) is the label given to
Q8: When Nancy's aunt left for her annual
Q12: When the agent colludes with a third
Q19: A general agent:<br>A) has a limited range
Q25: Marissa, the CEO of Carmine Laboratories, appointed
Q37: Ralph and Aisha engaged Emma, a realtor,
Q41: Explain the concept of apparent authority.
Q47: A large and well-known corporation wants to