True/False
Paul, acting without authority, makes a contract with Ed, supposedly on behalf of Shawna. Shawna may ratify the contract, even if Ed loses contractual capacity before she ratifies the contract.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: A person may ratify a prior unauthorized
Q3: A person who undertakes to make a
Q4: Frank, acting as a promoter for Garleen
Q14: An agent may agree to become liable
Q18: Identify three ways an agent may agree
Q31: To effect a ratification, the principal must
Q33: Name the two basic types of authority
Q70: The liability of an employer under the
Q76: An agent who has either actual or
Q78: A principal's intention to permit the agent