When an unauthorized act is ratified, the effect is the same as though the act had been originally authorized.
Correct Answer:
Verified
Q8: A principal may ratify an action taken
Q9: An agency may arise by appointment, conduct,
Q10: The acts of the agent obligate the
Q11: A universal agent is authorized by the
Q12: A written authorization of agency is called
Q14: A special agent is authorized by the
Q15: Placing property in the possession of another
Q16: A general agent is authorized by the
Q17: For ratification to occur, the agent must
Q18: For a principal to ratify the actions
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