An agent who has either actual or apparent authority has the power to bind his principal.
Correct Answer:
Verified
Q26: Ratification may relate to acts that have
Q27: Actual notice requires a written, not oral,
Q28: A principal's intention to permit the agent
Q29: A principal is contractually bound to a
Q30: Constructive notice may occur by publication in
Q32: The contractual liability of the principal may
Q33: A person may ratify a prior unauthorized
Q34: No apparent authority exists where the third
Q35: An example of successful land purchases made
Q36: An employer may have criminal liability for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents