A Principal Is Contractually Bound to a Third Party If

question 61

True/False

A principal is contractually bound to a third party if the agent acts without any authority but the principal ratifies the contract.

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Definitions:

Horney

Refers to Karen Horney, a psychoanalyst known for her theories on neurosis, personality, and the importance of social relationships.

Psychological Conflict

A situation or state where an individual experiences opposing thoughts, beliefs, needs, or emotions.

Modern Women

Describes women living in contemporary times, often associated with roles and attitudes that challenge traditional norms and embrace equality and independence.

Horney

Karen Horney was a psychoanalytic psychologist known for her theory of neurotic needs and for challenging some of Freud's theories about female psychology.