Limon, an agent for Mindwonder Games LLC, executes an unau-thor-ized contract with NOW Marketing, Inc The deal is highly ad-vant

Question

3 years ago

11

Limon, an agent for Mindwonder Games LLC, executes an unau-thor-ized contract with NOW Marketing, Inc The deal is highly ad-vant

a-geous to Mindwonder, and the company ratifies the con-tract. The contract is
A) valid
B) vicarious.
C) void.
D) voidable.

Business

1 answer:

katovenus [111] · Answer 1 · 2022-04-02T05:56:52+03:00

Answer:

The correct option is A, valid

Explanation:

A valid contract does not necessarily have to be sanctioned by the principal from inception in as much as the agent acts in good faith to advantage of the principal.

By implication, the agent is meant to ensure that the interest of the principal is of utmost priority in every situation, that accounts for Limon ,an agent of Mindwonder Games LLC, going out of his way to zeal an advantageous deal with NOW marketing with the aim of ensuring his principal interest is taken care of .