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Author Question: How does the principal-agent relationship differ from the regular master-servant relationship? ... (Read 34 times)

Wadzanai

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on: Aug 3, 2018
How does the principal-agent relationship differ from the regular master-servant relationship?
 
  What will be an ideal response?

Question 2

Ratification is the acceptance or confirmation of a voidable act.
 
  Indicate whether the statement is true or false


cclemon1

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Reply #1 on: Aug 3, 2018
Answer to Question 1

The agent has the authority to contractually bind the principal to third persons.

Answer to Question 2

TRUE


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Wadzanai

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Reply #2 on: Aug 3, 2018
TY


cclemon1

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Reply #3 on: Aug 3, 2018
You're welcome


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