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

question 2

Multiple Choice

Lima, 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:

European Nations

Countries located in the continent of Europe, each with its distinct government, culture, and history.

U.S.

Short for the United States, a country in North America known for its significant global influence in economic, political, and cultural fields.

Formal Controls

Structured systems of rules and regulations designed to guide behavior within societies or organizations, often enforced by legal or official means.

Minor Rule Violations

Infractions or breaches of rules that are considered to be of relatively low severity or impact.