Which of the following is a condition for an agency by ratification to be effective?
A) A principal must give prior authorization to an agent.
B) A principal should lead a third party to believe that an individual is his or her agent.
C) The existence of a principal must be clear to a third party at the time of an agent's unauthorized act.
D) An agent must carry an authorization letter that establishes that he or she is the principal's agent.
Correct Answer:
Verified
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