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TRUE or FALSE. The principal is obliged to reimburse the agent for what the latter has advanced. Why? May the principal ratify the acts of

  1. TRUE or FALSE. The principal is obliged to reimburse the agent for what the latter has advanced. Why?

  1. May the principal ratify the acts of the agent if the latter acted beyond the powers given to him? What is the effect, if any, should the principal ratify the acts of the agent? Explain with reasons.

  1. What are the modes of extinguishment of agency?

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