________ ratification occurs when the principal,by silence or failure to repudiate,acquiesces to the agent's act.

Question

Quizplus · Accepted Answer

Implied ratification occurs when the principal does not expressly ratify an agent's act, but their actions imply that they have accepted the act as valid. This can occur through silence or failure to repudiate the act, as stated in option C. Express ratification, on the other hand, occurs when the principal explicitly approves the agent's act, and no ratification occurs when the principal takes no action to approve or disapprove the act.

________ Ratification Occurs When the Principal,by Silence or Failure to Repudiate,acquiesces