Question: 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

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

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!

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...

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 ....

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 &...

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...

KELLY ZURIAN CASE Kelly-Zurian v. Wohl Shoe Co. (1994) 22 Cal. App. 4th 397 [27 Cal.Rptr.2d 457] Share (Links to an external site.) | [Nos. B054032, B054838. Second Dist., Div. Three. Feb 10, 1994.]...

ts, v. DOMINO'S PIZZA, LLC, a Michigan limited liability corporation, Defendant-Respondent, Zzeeks Pizza & Wingz, Inc., an Oregon corporation, dba Domino's Pizza No. 7231; Scott L. Mathias; Does I-X,...

Court of Appeals of Oregon.Alfred P. VIADO and Pamela Viado, Plaintiffs-Appellants, v. DOMINO'S PIZZA, LLC, a Michigan limited liability corporation, Defendant-Respondent, Zzeeks Pizza & Wingz, Inc.,...

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...

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...

Which of the following ratios tells us how management is managing the largest current asset in a company such as Future Shop or Best Buy? Select one: O a The inventory turnover. O b. The quick ratio....

FACTS In January 1991, Sandhill and K & B Florida Corporation (K & B), a pharmaceutical retailer, entered into lease agreement (K & B Lease) providing for the rental of a parcel of real...

Find the inverse function of f . f ( x ) = - 9 x - 4 Step 1 To find the inverse of the function f ( x ) = - 9 x - 4 we first replace f ( x ) with y . f ( x ) = - 2 x - 4 y = - 9 x - 4 Next, we...

The five basic modes of transportation have been available for well over fifty years. Is this the way it will always be or can you identify a sixth mode that may become economically feasible at some...

Railroads have the largest percentage of intercity freight ton-miles, but motor carriers have the largest revenue. How do you explain this relationship?

What is the economic justification for the rapid growth of premium package services?

Compare and contrast the transport principles of economy-of-scale and economy-of-distance. Illustrate how they combine to create efficient transportation.

You have been asked to establish an inventory carrying cost percent to supply your firms supply chain planning initiatives. Identify and describe the carrying cost components. Review the various...

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

The management of McAngus, Inc., has never used formal planning techniques in the operation of its business. The president of McAngus has expressed interest in the recommendation of its accountants...

Capital budgeting has received increased attention in recent years. The quantitative techniques employed for capital budgeting decisions depend largely upon accounting data. mlop856 Required: a...

Lamb Company manufactures several lines of machine products. One unique part, a valve stem, requires specialized tools that need to be replaced. Management has decided that the only alternative to...