Multiple Choice
In certain cases, a third party can hold a principal to a contract even though the agent acted outside the authorization given him by his principal and even though his principal elected not to ratify the contract made by the agent. The third party can enforce the contract because of
A) the reasonable agent theory.
B) the agent's apparent authority.
C) fiduciary duty
D) agency by express agreement.
E) the failure of the principal to register the agency agreement.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Information that comes to the agent because
Q59: Societies are separate legal entities, separate and
Q105: Where there is no contract of agency
Q124: A third party is bound to the
Q148: Apparent authority is determined by the representation
Q154: An agent cannot bind the principal in
Q207: Sam hires Joe to negotiate and sign
Q209: Q.N.S. Paper Co. v. Chartwell Shipping Ltd.
Q210: Three students in a business faculty created
Q212: The Court in Steinman v. Snarey found