Agency
Ratification of an unauthorized agent act in North Carolina occurs when:
AThe NCREC approves the transaction
BThe principal knowingly approves or accepts the benefits of an unauthorized act after the fact✓ Correct
CA court orders the agent to proceed
DBoth parties sign a release
Explanation
Ratification occurs when the principal, with knowledge of an unauthorized act, either expressly approves it or accepts the benefits flowing from it.
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