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Ratification does not release the agent from liability to the principal and the third person for having exceeded his or her authority.
Q12: Which of the following is true of
Q15: According to the Model Business Corporation Act
Q20: Pelican Inc., a multinational oil corporation headquartered
Q24: Any assignment that would materially alter the
Q25: Marissa, the CEO of Carmine Laboratories, appointed
Q35: It does not matter whether or not
Q36: When an agent takes an unauthorized action,
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Q43: According to the MBCA, all corporate powers
Q46: If the parties agree on the amount