Agency
Which of the following best describes ratification as a method of creating an agency?
AAn agency created by a written agreement
BAn agency created when the principal approves unauthorized acts of a person who acted on their behalf✓ Correct
CAn agency created by the conduct of the parties
DAn agency created by law without the parties' consent
Explanation
Ratification occurs when a principal approves or confirms an unauthorized act performed by another on their behalf, thereby creating an agency relationship after the fact.
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