Lynn, an Agent for Mindwonder Games LLC, Executes an Unauthorized

question 10

Multiple Choice

Lynn, an agent for Mindwonder Games LLC, executes an unauthorized contract with NOW Marketing Inc. The deal is highly advantageous to Mindwonder, and the company ratifies the contract. The contract is​

• A) ​valid.
• B) ​vicarious.
• C) ​void.
• D) ​voidable.

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Definitions:

Block Grants

Financial resources provided by the federal government to state and local governments, with relatively few restrictions on how they can be spent, often for broad purposes like community development or social services.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to help recover from the Great Depression.

Popular Democrats

Likely refers to members or supporters of the Democratic Party who focus on policies and practices aimed at representing and benefiting the general populace.

Partisan Municipal Elections

Elections for city or local government positions where candidates are explicitly affiliated with and endorsed by political parties.