Question: Compare authorization of an agent by (a) appointment and (b) ratification.

Compare authorization of an agent by (a) appointment and (b) ratification.

Step by Step Solution

★★★★★

3.44 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The legal result of agency action is the same whether the agent acted initially with authority or wh... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

131-L-B-L-A-E-L (261).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!

Q:

A B C D E F G 1 Suppose the risk free interest rate is 4%. Calculate the following using the EXCEL functions. 2 3 Having $500 today is equivalent to having what amount in one year? 4 Present value...

Q:

Compare the contract liability of the principal and the agent (a) When the agent acts within the scope of authority and (b) When the agent acts without authority or does not disclose the principals...

Q:

An insurance agent (interviewed in Jonathan Clements, Dare to Live Dangerously: Passing on Some Insurance Can Pay Off, Wall Street Journal, July 23, 2005, D1) states, On paper, it never makes sense...

Q:

Compare authorization of an agent by (a) appointment and (b) ratification.

Q:

Compare authorization of an agent by (a) appointment and (b) ratification.

Q:

Compare authorization of an agent by (a) appointment and (b) ratification.

Q:

Compare authorization of an agent by (a) appointment and (b) ratification. AppendixLO1

Q:

El SUDU Paragraph Styles 1) Three general unsecured creditors are owed $45,000 as follows: A, $15,000; B, $5,000; and C, $25,000. After all other creditors were paid, the amount left for distribution...

Q:

1. The commission agent cannot, without the express or implied consent of the principal, ______. a. sell b. sell on cash c. sell on credit d. sell property 2. As a rule, if the agent exceeds his...

Q:

An agent is a person who, having been granted and assumed some degree of power to do so, acts in the name of and on behalf of another. The bulk of coordinated human activity is carried out through...

Q:

Write a paper in which you: 1.Create a job description and specifications for your dream job. 2.Design a compensation and benefits package related to your dream job. 3.Rationalize your compensation...

Q:

A current of 200 A exists in a square loop of edge 100 cm. Find the magnetic field B at the centre of the square loop.

Q:

Question 2 1 / 1 2 an If a report is being put together for a sales team but the investors will also appreciate reading it , who are the investors in this scenario? the secondary audience the primary...

Q:

Sarah Beth's Art Supply Company produces various types of paints. Actual direct manufacturing labor hours in the factory that produces paint have been higher than budgeted hours for the last few...

Q:

Two plane mirrors intersect at right angles. A laser beam strikes the first of them at a point 11.5cm from their point of inter-section, as shown in Fig. 3338 for what angle of incidence at the first...

Q:

Bobbie's Bagel Shop sells only coffee and bagels. Bobbie estimates that every time she sells one bagel, she sells four cups of coffee. The budgeted cost information for Bobbie's products for 2011...

Q:

CVP analysis, income taxes Brooke Motors is a small car dealership. On average, it sells a car for $27,000, which it purchases from the manufacturer for $23,000. Each month, Brooke Motors pays...

Q:

On March 1, 2012, Mitch Quade established Marine Realty, which completed the following transactions during the month: a. Mitch Quade transferred cash from a personal bank account to as account to be...

Q:

5. What clauses are typically included in insurance contracts?

Q:

Determine whether the following would be fixtures or personal property. a. Refrigerator in a home b. Refrigerators in an apartment complex with furnished units c. Refrigerators in a restaurant...

Q:

At approximately 3:00 A.M., on February 3, 2000, Sonya Winchell was driving two of her friends through a Fort Wayne Taco Bell drive-thru. When Winchell arrived in line, there was one car in front of...

Q:

Miller executed a deed to real estate, naming Zieg as grantee. He placed the deed in an envelope on which was written To be filed at my death and put the envelope and deed in a safe deposit box in...

Q:

Taylor Swifts Exchange Rate Problem Taylor Swift is going on tour to Japan in March 2019. She is going to have between three and six concerts in Japan. Once Taylor sells out three concerts she will...

Q:

Kevin is planning to retire in 15 years. He deposits money for his retirement at 8% compounded monthly. It is estimated that the future general inflation (f bar) rate will be 4% compounded annually....

Q:

prove the following propositions: I need both items thanks 3. Let X1, X, ,. . . random variables lid, with exponential distribution A = 1. Show that Xn P( >liv.) = 1 Xn log n P( >2i.v.) = 0 log n but...