Question: Explain relationships between agency by ratification by principal and agency by apparent authority.

Explain relationships between agency by ratification by principal and agency by apparent authority.


Step by Step Solution

★★★★★

3.56 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

An agency by ratification is formed when an unauthorized act of ... 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

244-L-B-L-L-E (2028).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!

Q:

Zolo is a national retail clothing store with locations across the United States. As an accounting analyst at Zolo, you have been given an Excel spreadsheet with more than 70,000 records. The...

Q:

Explain what is meant by agency relationships and agency costs.

Q:

Explain relationships between respondeat superior and the agency relationship.

Q:

Explain relationships between an exclusive agency contract and a power of attorney.

Q:

This is the topic of Principal and Agency. The legal relationship between a principal and agent is often seen to have applications in legal entities such the General Partnership and the Limited...

Q:

Question 2 A. With the use of case law, differentiate between agency by estoppel and agency by ratification. Include in your differentiation relevant case authority associated with each (8 marks) B....

Q:

please answer Question 2 A. With the use of case law, differentiate between agency by estoppel and agency by ratification. Include in your differentiation relevant case authority associated with each...

Q:

1) With the use of case law, differentiate between agency by estoppel and agency by ratification. Include in your differentiation relevant case authority associated with each 2)Using appropriate...

Q:

Chapter 1. Sample Assignment Instructions Find a sample document or article online related to a main topic in the chapter. In the Discussion Section, respond to two classmates and post the title &...

Q:

Chapter 13 Food Legislation INTRODUCTION 5 This chapter provides an understanding of some of the requirements that hotels, restaurants and food outlets must comply with when serving, handling,...

Q:

An agency relationship exists between Bill, and Trucks o' Plenty, a trucking firm that he founded five years before and of which he is currently the CEO. Bill signs contracts for Trucks o' Plenty...

Q:

A client heard through its hot line that John, the purchases journal clerk, periodically enters fictitious acquisitions. After John creates a fictitious purchase, he notifies Alice, the accounts...

Q:

In the current year, Pelican, Inc., incurs $50,000 of nondeductible fines and penalties. Its depreciation expense is $245,000 for financial statement purposes and $310,000 for tax purposes. How is...

Q:

What population should an auditor use when selecting which customers to send A / R confirmations?

Q:

Locate state tax newsletters to answer the following questions: What is the title of the most recent article in Tax Notes State Tax Today that discusses royalty trusts? What is the most recent...

Q:

Variance Project The Special Widget division manufactures a product called SW for Global Corporation. The plant is a completely autonomous subsidiary that sells SWs to other subsidiaries of Global...

Q:

Programming tempo runs for a client who wishes to compete in a race represents which training principle? Progressive overload SAID principle Henneman's size principle 2-for-2 rule

Q:

GNP is developing an Auto Insurance Policy and seeks to determine the optimal combination of Insurance to Sell by type of car. The total value that you can invest is 2,500 million pesos, that is, it...

Q:

Which of the following intake forms is necessary to ensure no prior medical concerns for a client? Liability waiver Comprehensive client form PAR-Q Recovery assessment

Q:

Organize your list by priority. What is the most important task or activity? The second most important? And so on.

Q:

H&R Blocks tax filing service allows customers to obtain faster tax refunds in two ways: (1) the customer can pay $25 for H&R Block to file the return with the Internal Revenue Service...

Q:

The plaintiffs were models in a fitness fashion show, featured as part of the Working Womens Survival Show exhibition at a convention center in St. Louis, Missouri. B.P.S., doing business as Wells...

Q:

Are there any legal or ethical barriers to relationships between corporate officers and members of administrative agencies involved in reviewing or regulating corporate activity?

Q:

The Federal Reserve recently shifted its monetary policy, causing Lasik Vision's WACC to change. Lasik had recently analyzed the project whose cash flows are shown below. However, the CFO wants to...

Q:

7-7 (only need the parts marked red) Thumbs up given to right answers :) You plan to purchase a $240,000 house using a 15 -year mortgage obtained from your bank. The mortgage rate offered to you is...

Q:

Which of the following properties is impact strength indicative of? a) Elasticity b) Hardness c) Stiffness d) Toughness