Jen is a buyer for Autumn's Iowa health food store.While Jen is in California buying tofu,she finds a solar car for sale for just $3,000.Jen contracts to buy the car for Autumn,who has been looking for a solar car for the past three years.Autumn instructs the seller of the car to ship it.Under these circumstances:
A) Autumn has ratified the contract.
B) Autumn is not liable on the contract.
C) Jen is liable on the contract.
D) Jen has ratified the contract.
Correct Answer:
Verified
Q22: Apparent authority may exist:
A)only if actual authority
Q23: An agent can limit the liability for
Q24: General agents:
A)have a limited range of implied
Q25: A large and well-known corporation wants to
Q26: Which of the following statements is true
Q28: Ratification may be inferred by a court:
A)from
Q29: A principal's intent to ratify a contract:
A)needs
Q30: For ratification to be effective:
A)the principal cannot
Q31: When Nancy's aunt left for her annual
Q32: An agent will be relieved from liability
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