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Sauron [17]
3 years ago
8

The equal dignity rule has several exceptions. for example, an executive officer of a corporation can conduct business transacti

ons without written authority. likewise, when an agent acts in the of a principal, the rule does not apply. finally, when the agent's signature is merely a , the agent does not need written authority to sign.
Business
1 answer:
Fynjy0 [20]3 years ago
4 0

3 exceptions to the Equal Dignities Rule:

  1. An executive officer of a corporation can generally conduct business transactions without <u>written authority.</u>
  2. When an agent acts in the <u>presence of a principal</u>, the rule does not apply.
  3. When the agent's signature is <u>merely a formality,</u> the agent does not need written authority to sign

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