This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is false with regard to ratification in agency law? (Read 58 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
Which of the following statements is false with regard to ratification in agency law?
◦ A principal can ratify a contract inadvertently.
◦ A principal cannot ratify a contract if he did not have the capacity to contract at the time the contract was made.
◦ If an agent exceeds her express authority, ratification is the only means by which the principal would be bound to honour the unauthorized contract.
◦ Ratification gives the agent authority retroactive to the time of contract.
◦ A principal cannot ratify a contract if at the time of the ratification he could not have entered into the contract.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lbcchick on Aug 7, 2021

l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




lbcchick

  • Member
  • Posts: 550
Reply 2 on: Aug 7, 2021
Excellent


atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library