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 59 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
Thanks for the timely response, appreciate it


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

For a complete list of videos, visit our video library