A special agent is authorized by the principal to handle a definite business transaction or do a specific act.
Correct Answer:
Verified
Q2: The intention to ratify an unauthorized act
Q5: The term apparent authority is used when
Q6: A "right to control" test determines whether
Q8: A principal may ratify an action taken
Q9: Agency is a relationship by which the
Q13: When the principal ratifies the act of
Q14: A special agent is authorized by the
Q14: By virtue of an agency,one person can
Q15: An agent is authorized to make contracts
Q18: For a principal to ratify the actions
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