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

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Business

Bruno Kirby

24 November, 12:12

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

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Lorelai Khan · Answer 1

3 exceptions to the Equal Dignities Rule:

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