How does agency law stimulate business activity?
A) By binding principals to contracts to create certainty
B) By holding principals accountable for agent actions,protecting consumers
C) By letting principals contract through agents,multiplying their dealings
D) By restricting the liability of principal's for the actions of agents
Correct Answer:
Verified
Q28: Ordinarily,an agent is not liable for unauthorized
Q29: _ arises when the principal's manifestations cause
Q30: Ralph,the owner of a medium-sized business operated
Q31: Implied ratification arises when:
A)the principal's conduct justifies
Q32: _ occurs when a principal manifests assent
Q34: What are the two types of authority
Q35: What happens if a third-party gives proper
Q36: Which of the following is true of
Q37: What are the two types of ratification?
A)Express
Q38: _ means that the principal's rights and
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