Even after an agency relationship has terminated, there are circum?stances under which a principal may be bound by his or her agent's act.

Question

Quizplus · Accepted Answer

This is true. Generally, if an agent acted within the scope of his or her authority, the action can still bind the principal even after the agency relationship has ended. Additionally, if the principal ratifies the agent's actions after the fact, the principal can also be bound by those actions.

Even After an Agency Relationship Has Terminated, There Are Circum?stances