Question: Select the statement that is incorrect: A . Ratification is done by a principal to an agency agreement. B . Ratification is done retrospectively, once

Select the statement that is incorrect:
A. Ratification is done by a principal to an agency agreement.
B. Ratification is done retrospectively, once an agent has already acted.
C. Ratification can be partial.
D. Ratification cannot be given to immoral or illegal acts.
 Select the statement that is incorrect: A. Ratification is done by

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!