Agency
Under Wisconsin agency law, an agent who enters a transaction on behalf of a principal without authority but where the principal subsequently approves the transaction has authority through:
AExpress authority granted retroactively
BRatification — the principal's approval after the fact creates the same effect as prior authorization✓ Correct
CApparent authority created by the principal's behavior
DImplied authority from custom and practice
Explanation
Ratification occurs when a principal approves an unauthorized act after it has occurred; once ratified, the transaction is binding as though the agent had been authorized from the beginning.
Related Wisconsin Agency Questions
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