Ames, claiming to be an agent of Clar Corporation, makes a contract with Trimon in the name
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Question:
contract with Trimon in the name of Clar Corporation. Later,
Clar Corporation, for the first time, learns what Ames has done
and notifies Trimon of the truth that Ames was not an agent of
Clar Corporation. Which of the following statements is incorrect?
Clar Corporation may ratify this contract if it does so
with the entire contract. Trimon may withdraw from the contract before Clar
attempts to ratify it.Clar Corporation may ratify this contract by performing
under the contract without stating that it is ratifying.
Trimon may enforce this contract even if Clar Corporation
does not wish to be bound.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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