Question: A principal's ratification of an agent's unauthorized action must be in writing to be effective. True O False O

A principal's ratification of an agent's unauthorized action must be in writing

to be effective. True O False O

A principal's ratification of an agent's unauthorized action must be in writing to be effective. True O False O

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Law Questions!

Q:

Question 46 (2 points) Under the Uniform Commercial Code, express warranties must contain the word "express"in writing to be legitimate. True False Question 47 (2 points) That "goods must be fit for...

Q:

Under the Uniform Commercial Code, express warranties must contain the word "express"in writing to be legitimate. True False That "goods must be fit for the ordinary purpose for which they are used,"...

Q:

Question 1 2 . 5 pts An agency relationship with a principal must be in writing to be effective. True False

Q:

UESTION 1 A contractor's work can be so controlled by the hiring party that the contractor is regarded as an employee of the hiring person. True False 5 points QUESTION 2 A person who has knowledge...

Q:

QUESTION 2 Employees who conduct business with third parties are agents of their employers. True False QUESTION 3 Agency relationships do not exist outside of employment relationships. True False...

Q:

One of the elements of a valid contract is a fair price. True False An executory contract is one that has been fully performed. True False A contract is void if its purpose is illegal. True False...

Q:

MULTIPLE CHOICE QUESTIONS A contract is said to be perfecta when: a. The thing sold has not been specified. b. None of the above. c. The price is not fixed and not ascertainable d. The contract is...

Q:

"Groupthink" is another way of referring to good teamwork. True False QUESTION 2 In advertising, false claims are legally prohibited. True False QUESTION 3 Which of the following is an example of a...

Q:

_______________are separate contracts between one of the main contracting parties and a third party, and they are most often in the areas of financing or credit arrangements, transportation, and...

Q:

An action in tort is brought by the district attorney. True False 1.667 points QUESTION 2 A tort is a civil wrong. True False 1.667 points QUESTION 3 All torts are equally wrongful. True False 1.667...

Q:

Consider the laws of exponents Ar As = Ar+s and (Ar)s = Ars. (a) Show that if A is any square matrix, then these laws are valid for all nonnegative integer values of r and s. (b) Show that if A is...

Q:

A 2.0-kg projectile moves from its initial position to a point that is displaced 20 m horizontally and 15 m above its initial position. How much work is done by the gravitational force on the...

Q:

Identify a casualty and determine the amount, classification, and timing of casualty and theft losses.

Q:

Question 7 Discuss the FOUR (4) characteristics of services that affect the marketing of a higher education institution and briefly explain the additional marketing considerations that the service...

Q:

10. How much time does it take between when we collect information until it is used in decision-making?

Q:

2. Ask questions, listen rather than attempt to persuade.

Q:

9. How much of the information collected will be used in decision-making?