Agency
Ratification of an unauthorized act by an agent in Arizona means:
AThe agent is penalized for acting without authority
BThe principal accepts and approves the agent's unauthorized action after the fact, creating a valid binding result✓ Correct
CThe unauthorized act remains void
DThe court must approve the ratification
Explanation
Ratification occurs when a principal, with full knowledge of an agent's unauthorized act, expressly or impliedly accepts and approves it. This retroactively validates the agent's action as if it had been authorized from the start.
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