Frank Hannigan sees a grand piano that his musician friend Scott Kristoff had been looking for in an antique store.Frank enters into a contract to purchase the grand piano from the antique seller and signs the contract,"Frank Hannigan,agent for Scott Kristoff." As Frank is not Scott's agent,Scott is not bound by the contract.If Scott decides to accept the contract,what kind of agency would be created?

Question

Quizplus · Accepted Answer

If Scott decides to accept the contract, it would be an agency by ratification, as Scott would be ratifying the actions of Frank in entering into the contract on his behalf, even though Frank did not have express authority to do so.

Frank Hannigan Sees a Grand Piano That His Musician Friend