Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sam, an agent for Alex, acts beyond the scope of his authority to enter into a contract on Alex's behalf. Alex approves of the deal

Sam, an agent for Alex, acts beyond the scope of his authority to enter into a contract on Alex's behalf. Alex approves of the deal and affirms the contract. This is
Sam, an agent for Alex, acts beyond the scope of his authority to enter into a contract on Alex's behalf. Alex approves of the deal and affirms the contract. This is
agency by ratification.
the appearance of, but not in fact, an agency.
agency by agreement.
agency by estoppel.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

General Managers In Action Policies And Strategies

Authors: Francis Joseph Aguilar

2nd Edition

0195073673, 978-0195073676

More Books

Students also viewed these General Management questions

Question

Explain the various methods of job evaluation

Answered: 1 week ago

Question

Differentiate Personnel Management and Human Resource Management

Answered: 1 week ago

Question

Describe the functions of Human resource management

Answered: 1 week ago

Question

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

Describe the new structures for the HRM function. page 724

Answered: 1 week ago