Multiple Choice
When an agent takes an unauthorized action:
A) the action cannot be ratified by the principal.
B) the principal can transfer liability to the agent while enjoying the benefits of the action.
C) the principal may not ratify only a portion of the action.
D) the action may be ratified provided that the principal is a corporation.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: After Bart and Veronica were involved in
Q18: Which of the following is true about
Q22: The principal is bound by representations:<br>A) that
Q22: An agent acting at the direction of
Q24: Ratification may be inferred by a court:<br>A)
Q25: Ratification must be explicitly expressed and may
Q26: Direct liability occurs when:<br>A) the agent is
Q29: An agent possesses the implied authority to
Q30: A person may have apparent authority even
Q32: Briefly describe the doctrine of respondeat superior.