If the agent exceeds his or her authority,liability results-unless the principal ratifies the act.

Name: If the agent exceeds his or her authority,liability results-unless the principal ratifies the act.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If an agent acts beyond their authority, they are personally liable for the consequences of their actions unless the principal ratifies the act, meaning they approve and acknowledge the action taken by the agent. Therefore, the statement is true.

If the Agent Exceeds His or Her Authority,liability Results-Unless the Principal