Implied Ratification of an Agency Occurs When the Principal

Multiple Choice

Implied ratification of an agency occurs when the principal:

A) fails to object to the unauthorized activities of an agent
B) by action shows a clear intent to be bound by unauthorized acts of the agent
C) accepts the benefits of an unauthorized agreement with a third party
D) fails to object to the unauthorized activities of an agent and accepts the benefits of an unauthorized agreement with a third party
E) fails to object to the unauthorized activities of an agent and accepts the benefits of an unauthorized agreement with a third party and by action shows a clear intent to be bound by unauthorized acts of the agent