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A Principal's Intent to Ratify a Contract

Question 21

Multiple Choice

A principal's intent to ratify a contract:


A) can only be inferred by the agent's actions.
B) may not be implied by his acts or failure to act.
C) may be inferred by a court from the fact that the agent accepted the benefits of an unauthorized contract.
D) may be inferred from the principal's failure to repudiate an unauthorized contract after becoming aware of it.

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