Ordinarily,an agent is not liable for unauthorized acts made on behalf of a principal if:
A)the third party has no knowledge about the principal's identity.
B)the third party knows that the principal lacks legal capacity.
C)the principal eventually ratifies the contract.
D)the principal is undisclosed.

Question

Ordinarily,an agent is not liable for unauthorized acts made on behalf of a principal if:
A)the third party has no knowledge about the principal's identity.
B)the third party knows that the principal lacks legal capacity.
C)the principal eventually ratifies the contract.
D)the principal is undisclosed.

Quizplus · Accepted Answer

Ratification is a process whereby a principal binds himself to an unauthorized act done by an agent,or by a person purporting to act as an agent.

Ordinarily,an Agent Is Not Liable for Unauthorized Acts Made on Behalf