Ratification releases:
A) the principal from liability.
B) the agent from liability.
C) the third party from liability for acts of the principal.
D) the principal and the third party from liability.
Correct Answer:
Verified
Q23: Marissa, the CEO of Carmine Laboratories, appointed
Q24: Misrepresentations by an agent made with the
Q26: Ratification may be inferred by a court:
A)
Q27: Which of the following is true about
Q28: A principal's intent to ratify a contract:
A)
Q30: An agent can limit the liability for
Q32: The principal is bound by representations:
A) that
Q34: A large and well-known corporation wants to
Q37: Apparent authority may exist:
A) only if actual
Q40: Which of the following statements is true
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