In Agency Law, Ratification Occurs When:

(Correct Answer Below)

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In Agency Law, Ratification Occurs When:

a. there is no agency relationship, but the words and actions of the principal lead a third party to assume that an agency exists b. fiduciary obligations are owed by an agent to a principal c. the principal, by words or by actions, affirms a contract made by a person who in fact is not an agent d. the obligation of an agent who acted outside the scope of his or her authority is rejected
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c. a principal, by words or by actions, affirms a contract made by a person who in fact is not an agent

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