Question: How does a principal become liable to third parties on contracts? A. The agent ratifies the contract. B. The principal's agent has the authority to

How does a principal become liable to third parties on contracts?

A. The agent ratifies the contract.

B. The principal's agent has the authority to bind the principal in a contract with a third party.

C. A principal is not liable to third parties on contracts.

D. The principal directly signs a contract with a third party.

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