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QUESTION 1 Phil is an executive acting as agent for National Development Corporation (NDC). In an ordinary business situation, Phil A. must obtain written authority

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QUESTION 1 Phil is an executive acting as agent for National Development Corporation (NDC). In an ordinary business situation, Phil A. must obtain written authority from NDC to enter into contracts on NDC's behalf. Bis estopped from denying that he is acting on NDC's behalf. C none of the other answers D. must obtain written ratification from NDC of any contracts entered into on NDC's behalf. QUESTION 2 Bob contracts with Computerama Incorporated to develop a new computer game. Computerama does not withhold taxes from his pay or control his work methods. Bob claims the game's copyright, which Computerama also claims. In the parties' suit the court is most likely to rule in favor of O A Computerama, because Bob is its employee OB.Bob, because he created the game. OC. Computerama, because it distributes the game. OD. Bob, because he is an independent contractor. QUESTION 3 Tad, an agent for Umbrella Financial Corporation, executes an unauthorized contract with Valley Sales Incorporated that is highly advantageous to Umbrella Valley withdraws from the deal before Umbrella ratifies the contract. The contract is O Avoid OB. voidable OC none of the other answers OD valid

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