Agency
What is 'ratification' in agency law?
AThe termination of an agency agreement
BAfter-the-fact approval of an unauthorized act by the principal✓ Correct
CThe creation of a new agency by law
DA court order enforcing an agency agreement
Explanation
Ratification occurs when a principal approves or accepts an unauthorized act performed by an agent or a third party, making it binding as if it had been authorized from the start.
Related California Agency Questions
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- An agent who acts beyond the scope of their authority may be liable for:
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