Question
How does a principal become liable to third parties on contracts? A. The agent ratifies the contract. B. The principal's agent has the authority to
How does a principal become liable to third parties on contracts?
A. The agent ratifies the contract.
B. The principal's agent has the authority to bind the principal in a contract with a third party.
C. A principal is not liable to third parties on contracts.
D. The principal directly signs a contract with a third party.
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Business Law in Canada
Authors: Richard A. Yates, Teresa Bereznicki Korol, Trevor Clarke
11th Canadian edition
134312112, 133847136, 978-0134312118, 978-0133847130
