Lynn, an agent for Mindwonder Games LLC, executes an unauthorized contract with NOW Marketing Inc. The deal is highly advantageous to Mindwonder, and the company ratifies the contract. The contract is

Question

Lynn, an agent for Mindwonder Games LLC, executes an unauthorized contract with NOW Marketing Inc. The deal is highly advantageous to Mindwonder, and the company ratifies the contract. The contract is​

Quizplus · Accepted Answer

Even though Lynn did not have the authority to execute the contract, Mindwonder Games LLC ratified it, making it legally binding and enforceable. Therefore, the contract is considered valid.

Lynn, an Agent for Mindwonder Games LLC, Executes an Unauthorized