Where an agent has taken an unauthorized action:
A) the principal may not ratify the action even if it would be beneficial to the principal to do so.
B) the principal is free to ratify the beneficial part of the unauthorized action and deny any burdensome part of it.
C) any ratification by the principal must be for the entire action,not merely the beneficial part.
D) the principal may ratify the action only if the principal is a corporation.
Correct Answer:
Verified
Q29: A principal's intent to ratify a contract:
A)needs
Q30: For ratification to be effective:
A)the principal cannot
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Q32: An agent will be relieved from liability
Q33: The principal is bound by representations:
A)that are
Q35: A person who is induced to enter
Q36: Liability is imposed on an agent who
Q37: Which of the following statements is true
Q38: Which of the following is true for
Q39: Which of the following statements is true
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