Multiple Choice
Ratification may be inferred by a court:
A) from the principal's acceptance of benefits of an unauthorized contract.
B) from the agent's failure to repudiate an unauthorized contract after becoming aware of it.
C) from the third party's extent of knowledge about the contract.
D) from the principal's failure to give express authority to the agent.
Correct Answer:

Verified
Correct Answer:
Verified
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Q20: The agent is held liable on contracts
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Q25: Ratification must be explicitly expressed and may
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