Question: Where an act carried out by an agent without authorization is subsequently authorized by the principle, it is called: a . Power of Attorney. b

Where an act carried out by an agent without authorization is subsequently authorized by the principle, it is called:
a.
Power of Attorney.
b.
Customary agency.
c.
Express agency.
d.
Agency by ratification.

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 General Management Questions!

Q:

Where an act carried out by an agent without authorization is subsequently authorized by the principle, it is called: a. Agency by ratification. b. Customary agency. c. Express agency. d. Power of Att

Q:

Where an act carried out by an agent without authorization is subsequently authorized by the principle, it is called: a. Agency by ratification. b. Customary agency. c. Express agency. d. Power of Att

Q:

Question 3 7 Not yet answered Marked out of 3 . 0 0 Where an act carried out by an agent without authorization is subsequently authorized by the principal, it is called: a . Express agency. b ....

Q:

where an act carried out by an agent without authorization is subsequently authorized by the principal is called

Q:

where an act carried out by an agent without authorization is subsequently authorized by the principal , it is called

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:

QUESTONS IV. Foundations of Modern U.S. Patent Law a. Discuss the intangible nature of an idea and how a patent provides remedy for extracting value from information or an idea? b. Discuss the four...

Q:

QUESTONS I. The Patent Right a. To a patent right holder, what benefits may be reaped by have a patent granted by the USPTO? b. In view of these benefits, what challenges may arise when deriving...

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:

PLEASE USE THE PHOTOS I SEND YOU AND NOT ANYWHERE ELSE ILL LEAVE U A GOOD COMMENT AND A THUMBS UP. THE FIRST THREE PHOTOS ARE FOR NUMBER 1 AND THE REST ARE FOR NUMBER 2 FOR NUMBER 1 THE QUESTIONS ARE...

Q:

In Problem 13.7 on page 470, you used the total staff present and remote hours to predict standby hours (stored in Standby). Using the results from that problem, a. determine whether there is a...

Q:

What accounting constraint is illustrated by the items below? (a) Grecos Farms, Inc. reports agricultural crops on its balance sheet at fair value. (b) Rafael Corporation discloses fair value...

Q:

The starting point in a percentage of sales financial plan is Expected growth in sales Supplier credit available Inventory need Accounts receivable needs

Q:

Please formally prove the following results. (a) 5n +10n lgn + 3n+ 6 is O(n). (b) (n + 1)5 is O(nb)

Q:

5. The U.S. economy has capital than at the Golden Rule steady state, suggesting that it may be desirable to the rate of saving. a. more, increase b. more, decrease c. less, increase d. less, decrease

Q:

4. If the capital stock is 2 times annual GDP, depreciation is 8 percent of GDP, and capital income is 20 percent of GDP, what is the net marginal product of capital? a. 2 b. 4 c. 5 d. 6

Q:

3. Total factor productivity typically during recessions, which could be due to labor hoarding or shocks to technology. a. falls, favorable b. falls, adverse c. rises, favorable d. rises, adverse