Jane Acted as Agent for the ACME Construction Co

Jane acted as agent for the ACME Construction Co. as a buyer of materials. On Monday, while Jane was travelling on a buying trip, one of ACME's creditors petitioned it into bankruptcy. The following day, Jane purchased three boxcar loads of lumber on behalf of ACME.

A) ACME is liable to pay for the lumber.
B) Jane is in breach of her warranty of authority.
C) Jane's agency relationship with ACME will terminate as soon as Jane is notified.
D) ACME may ratify the lumber contract when it becomes aware of it.
E) All of the responses are correct.