Which of the Following Results in Liability for the Principal

question 74

Multiple Choice

Which of the following results in liability for the principal because the principal approved of an unauthorized agent's signature?

• A)Acknowledgement
• B)Pre-approval
• C)Ratification
• D)Post-approval
• E)Authorization

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Definitions:

Kansas-Nebraska Act

A 1854 law that created the territories of Kansas and Nebraska and allowed the settlers to decide on the legality of slavery within the territories.

Republican Party

One of the two major political parties in the United States, traditionally associated with conservative and right-leaning policies.

Political Party

An organized group of people with similar political aims and opinions, seeking to influence public policy by getting its candidates elected to public office.

Joshua Giddings

A prominent 19th-century American abolitionist who served as a U.S. Representative and was known for his strenuous opposition to slavery.