Multiple Choice
The principal is bound by representations:
A) that are necessary for the agent to make in order to accomplish the purpose of the agency since they would be apparently authorized.
B) that the agent is expressly authorized to make.
C) that the agent makes even if the third person is aware that the agent has exceeded his actual authority.
D) that may not be customary in the kind of business being transacted by the agent.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: After Bart and Veronica were involved in
Q17: Ratification does not give the principal full
Q18: The test of an agent's express authority
Q19: Many courts allow a third person to
Q20: The agent is held liable on contracts
Q21: Generally,notice to the agent does not imply
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
Q27: When an agent takes an unauthorized action:<br>A)