Agency
Under Washington's agency law, which of the following best describes 'ratification' of an agency relationship?
AThe principal's advance written authorization for an agent to act
BThe principal's retroactive approval of an agent's unauthorized act✓ Correct
CA court order establishing an agency relationship
DThe agent's written acceptance of fiduciary duties
Explanation
Ratification occurs when a principal approves an act that was done without authority (or in excess of authority) after the fact. The principal accepts the benefits and is bound by the unauthorized act.
Related Washington Agency Questions
- In Washington, when a buyer's agent identifies issues with the property during a showing, they should:
- A Washington designated broker wants to represent both a buyer and seller in a transaction personally (not through different affiliated agents). This situation is called:
- A Washington seller hires two different brokers under two separate exclusive right to sell listings covering the same property. This arrangement is:
- In Washington, a broker who has been representing a buyer finds out during negotiations that the seller has made a material misrepresentation on Form 17. The broker should:
- A Washington seller's agent discovers that the property has a significant foundation crack not disclosed on the seller disclosure statement. The agent's obligation is to:
- In Washington, when does a licensee's agency relationship with a buyer typically begin?
- A Washington buyer's broker shows the buyer a property listed by the same brokerage. If the brokerage represents both parties, this is:
- A Washington seller's agent advertises a property with a virtual tour but fails to disclose a major highway adjacent to the property in the advertising. A buyer who purchases after seeing only the virtual tour claims misrepresentation. The agent may be liable for:
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →