Which of the following is an example of an agency created by ratification?
A) Adam is entrusted with Peter's property and finds it necessary to do something with it in order to preserve it.
B) Peter retrospectively affirms the authority of Adam.
C) Adam and Peter become partners in a partnership.
D) Peter appoints Adam under a general power of attorney to carry out a particular transaction on his behalf.
Correct Answer:
Verified
Q2: In what circumstances will Samson be an
Q3: Which of the following is an example
Q4: An agent who can do almost anything
Q5: An agent who can only make a
Q6: An agent who can make contracts of
Q8: A contract must exist between the agent
Q9: In what circumstances will Adam be a
Q10: In what circumstances will Peter be an
Q11: Authority that is conferred by the principal
Q12: Which of the following is an example
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