Ratification of a contract by a principal releases the agent from all liability to the third party.
Correct Answer:
Verified
Q24: Unless protected by a statute,an agent for
Q25: Public notice of termination of an agent
Q26: Principals and agents have a fiduciary relationship.
Q27: Apparent authority ends when an agent is
Q28: Firing an agent does not end apparent
Q30: A master-servant relationship is one in which
Q31: Constructive notice of termination of an agent
Q32: Express and implied authority together are called
Q33: All states recognize non-compete agreements as enforceable
Q34: Agents in undisclosed principal situations never have
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents