Multiple Choice
Which of the following is true?
A) A principal cannot be bound on contracts made by an agent if the principal's identity is not disclosed to the third party.
B) A principal cannot through ratification be bound on contracts made by an agent.
C) A principal can be bound on contracts made by an agent even if the principal's identity is not disclosed to the third party.
D) A principal cannot through ratification be bound on contracts made by an agent,and principal can be bound on contracts made by an agent even if the principal's identity is not disclosed to the
Third party.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Fact Pattern 5-1<br>Candy owns a nail and
Q23: Principals may be held liable for the
Q27: The respondeat superior doctrine typically applies to
Q32: The principal has the right to demand
Q42: Discuss the elements that are considered in
Q46: An agency agreement can be implied from
Q48: An agent may bind the principal due
Q54: Apparent authority may be based on which
Q56: The most basic legal characteristic of the
Q59: The most common form of agency relationship