Ordinarily,an Agent Is Not Liable for Unauthorized Acts Made on Behalf

question 4

Multiple Choice

Ordinarily,an agent is not liable for unauthorized acts made on behalf of a principal if:

• A)the third party has no knowledge about the principal's identity.
• B)the third party knows that the principal lacks legal capacity.
• C)the principal eventually ratifies the contract.
• D)the principal is undisclosed.

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Definitions:

Model T

An iconic affordable automobile produced by Ford Motor Company from 1908 to 1927, revolutionizing transportation and American industry.

General Motors

An American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Electric Car

A vehicle that is propelled by one or more electric motors, using energy typically stored in rechargeable batteries.

American Economy

The economic system of the United States, characterized by mixed economy principles, including private enterprise alongside government regulation.