Question: Ratification Multiple Choice Allows a principal to accept the acts of an agent after a contract has been negotiated which the agent lacked authority to
Ratification
Multiple Choice
Allows a principal to accept the acts of an agent after a contract has been negotiated which the agent lacked authority to create
Permits an agent to act without a principal's authority
Allows for the correction of an incorrect term of a contract
Occurs when the agent negotiates a contract on a principal's behalf
Means that the agent and not the principal is responsible for the contract
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