When the agent colludes with a third party to withhold knowledge or money from the principal,the principal will be liable.
Correct Answer:
Verified
Q9: When an agent commits a tort or
Q11: Ratification must be explicitly expressed and may
Q12: Many courts allow a third person to
Q13: If the agent exceeds his or her
Q14: Ratification does not give the principal full
Q15: A person may have apparent authority even
Q17: Generally,notice to the agent does not imply
Q18: The test of an agent's implied authority
Q20: The agent is held liable on contracts
Q21: For ratification to be effective:
A) the agent
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