Agency
What is 'ratification' of an agent's unauthorized act in Idaho real estate?
AIREC's approval of an agent's conduct
BA principal's subsequent approval of an act performed without authority, which makes the act binding as if authorized from the start✓ Correct
CA court order validating an illegal transaction
DThe process of renewing an agency agreement
Explanation
Ratification occurs when a principal (client) approves or accepts the benefits of an unauthorized act performed by an agent, retroactively authorizing the act and making it binding as if the agent had been properly authorized.
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