What happens if a third-party gives proper notification to an agent with apparent authority to receive it?
A) The principal is bound only if the agent had express authority to receive notification.
B) The principal is bound based on the doctrine of third party estoppel.
C) The principal is bound as if the notification had been given directly to him.
D) The principal is not bound unless it is proven the agent transmitted the notification.
Correct Answer:
Verified
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
Q33: How does agency law stimulate business activity?
A)By
Q34: What are the two types of authority
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
Q39: _ is the authority the principal wants
Q40: Maria authorizes Frederick to sell her Maria-branded
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