Question: Using examples, explain in detail the below mentioned requirements that must be adhered to when a principal ratifies an act conducted by an agent. -

Using examples, explain in detail the below mentioned requirements that must be adhered to when a principal ratifies an act conducted by an agent.

- The act is capable of ratification

- The unauthorized agent represents that she/he had authority

-Ratification by principal

- Implied or Expressed Ratification

-Ratification must not be partial

-Ratification must occur within a specified or reasonable time

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