Law · Law of Agency
A principal refuses to ratify a contract entered into by an agent in his own name on the principal's behalf, but in excess of that agent's actual authority. Who can the third party concerned sue?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both the agent and the principal jointly
- 2The agent only✓
- 3The agent or the principal
- 4The principal only
Correct answer
The agent only
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