asked 125k views
3 votes
Lynn, an agent for Mindwonder Games LLC, executes an unauthorized contract with NOW Marketing Inc. The deal is highly advantageous to Mindwonder, and the company ratifies the contract. The contract is​ a. ​vicarious. b. ​valid. c. ​voidable. d. ​void.

asked
User Bbozo
by
8.9k points

1 Answer

2 votes

Answer:

B. Valid.

Step-by-step explanation:

A valid contract is an agreement, which is binding and enforceable. In a valid contract, all the parties are legally bound to perform the contract.

answered
User Oriol
by
8.3k points
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