RATIFICATION: Select the TRUE statement.

A$.$ The principal $(P)$ automatically forgives the agent's $(A)$ breach of the duty of accounting if $P$ ratifies an unauthorized contract.

B$.$ If the $P$ ratifies a contract, he also adopts responsibility for torts that occur during the negotiation or performance of a contract.

C$.$ Ratification is a doctrine which allows the principal to issue prior approval to a business deal $($BEFORE the agent concludes negotiation of the contract with the third party.$)$

D$.$ Ratification of a $$200$ merchandise sale must be in writing. It cannot be implied through part performance.