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Business Law MCQs Which of the following statement is TRUE about Summers v Solomon? The representation of authority was made by the agent. The principals

Business Law MCQs

Which of the following statement is TRUE about Summers v Solomon?

The representation of authority was made by the agent.

The principals past conduct was a representation that the agent continued to have authority.

The principal ratified the whole contract but failed to do so within a reasonable time.

The principal should not be liable for the fraudulent acts of the agent.

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