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In which of the following situation ( s ) can the principal be held liable on a contract? An agent has authority and enters into
In which of the following situations can the principal be held liable on a contract?
An agent has authority and enters into a contract on behalf of principal.
An agent has no authority to enter into a contract on behalf of a principal and nevertheless enters into a contract on behalf of principal, which the principal later ratifies.
The agent has no authority to enter into a contract on behalf of principal and nevertheless enters into a contract on behalf of principal.
Both and are correct.
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