Agency
Under Missouri agency law, 'ratification' of an unauthorized act means:
AThe principal files a complaint against the agent
BThe principal affirms and accepts an act done without prior authorization✓ Correct
CThe agent rejects the transaction
DMREC approves the agency agreement
Explanation
Ratification occurs when a principal knowingly accepts and affirms an agent's unauthorized act, creating a valid, binding transaction as if the agent had prior authority.
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