Explain what do you mean by Ratification
Explain what do you mean by Ratification?
Expert
A principal will be held liable if it ratifies (subsequently adopts, based on words or actions) a contract that was made by an agent without authority. In effect, the establishes the contract retroactively, thus placing the principal, agent, and third party in the same position as they would have been in if the agency relationship had existed at the time of the contract.
What are the powers of Directors?
What are the various factors Vicarious Liability?
Describe Duress in your terms?
In how many ways, law does protect confidential information?
Explain what do you mean by Easements?
What do you mean by Consumer protection?
Which act allows for termination, in the absence of express agreement?
Elucidate the remedies of the Bailee?
Explain Role of Directors and the Role of Officers?
Illustrate bilateral contract?
18,76,764
1921835 Asked
3,689
Active Tutors
1449549
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!