In the context of agency,ratification refers to:
A) reaffirming a contract to which one previously agreed
B) agreeing,after reaching majority,to be bound by a contract entered into as a minor
C) agreeing to be bound to a contract entered into by an agent that exceeded the agent's authority at the time the agent entered into it
D) getting the appropriate agency to agree to take steps to reduce an excessively large rodent population
Correct Answer:
Verified
Q49: The death of which party or parties
Q50: An agent negotiates a contract with a
Q51: Incidental authority is a kind of:
A) express
Q52: When an agent terminates an agency arrangement,the
Q53: An express written agency agreement that is
Q55: Apparent authority can be best described as
Q56: The bankruptcy of which party or parties
Q57: If the law changes such that the
Q58: Which of the following is not one
Q59: An express agency requires:
A) a written agreement
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