Ratification releases the:
A) principal from liability.
B) agent from liability.
C) third party from liability for acts of the principal.
D) principal and the third party from liability.

Question

Quizplus · Accepted Answer

An effect of ratification is that it releases the agent from liability to both the principal and the third person for having exceeded his or her authority. It also gives the agent the same right to compensation that he or she would have had if there had been prior authorization.

Ratification Releases The