Agency
In Massachusetts, 'ratification' of an agent's unauthorized act by the principal means:
AThe principal rejects the agent's unauthorized act
BThe principal approves the unauthorized act with full knowledge, making it binding✓ Correct
CThe agent is relieved of all responsibility
DThe act requires court approval to be valid
Explanation
Ratification occurs when the principal, with full knowledge of the agent's unauthorized act, expressly or implicitly approves it. The ratified act becomes binding as if the agent had been originally authorized.
Related Massachusetts Agency Questions
- Under Massachusetts law, a buyer's agent who shows properties listed by their own brokerage must disclose to the buyer that:
- In Massachusetts, when does a buyer's agency agreement typically expire?
- A Massachusetts seller's agent discovers the seller made material misrepresentations on the Seller's Disclosure Statement. The agent should:
- An agent who has a buyer client and learns of a seller's financial distress that would motivate a lower price MUST:
- A Massachusetts buyer signs an exclusive buyer agency agreement. The agent then finds a suitable home and the buyer refuses to purchase. The agent is entitled to:
- A seller instructs the agent not to disclose that the basement floods during heavy rain. The agent should:
- Under Massachusetts law, a listing broker must disclose to prospective buyers:
- The Massachusetts mandatory Licensee-Consumer Relationship Disclosure form must be signed by:
Practice More Massachusetts Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Massachusetts Quiz →