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amm1812
3 years ago
13

When a person gains a benefit from a previously unauthorized act of an agent and does not deny the authority to act after learni

ng about it, this constitutes an agency created by:
Business
1 answer:
professor190 [17]3 years ago
4 0

Answer:

The answer is agency by Ratification

Explanation:

An agency by ratification is created when a person gains some benefit from a previously unauthorized act of an agent and the person, upon learning of the act, does not deny that the agent had the authority to perform the act.

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In response to the financial crisis that began in 2007, the government began to bail out banks deemed "too big to fail." Critics
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The moral hazard problem

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Why would a construction manager require fall guards to be installed in a high-rise construction project?
stellarik [79]

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3 years ago
During the Reagan administration, the Laffer curve was used to argue that: a. lower income tax rates could increase tax revenues
solniwko [45]

Answer:

A) lower income tax rates could increase tax revenues.

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The validity of these claims is dispute and is subject to debate among economists.

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