The process by which a principal binds himself to an unauthorized act done by an agent,or by a person purporting to act as an agent,is called ________.
A)indemnification
B)notification
C)liability
D)ratification

Question

Quizplus · Accepted Answer

Ratification is a process whereby a principal binds himself to an unauthorized act done by an agent,or by a person purporting to act as an agent.Ratification relates back to the time when the contract was made.It binds the principal as if the agent had possessed authority at that time.

The Process by Which a Principal Binds Himself to an Unauthorized