- 04/25/2019 at 11:25 pm #632102EduGorillaKeymasterSelect Question Language :
Which of the following statements is correct about ratification?
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- It allows a principal to accept the acts of an agent after a contract has been negotiated for which the agent lacked authority.
- It occurs when the agent negotiates a contract on a principal's behalf.
- It allows the correction of an incorrect term of a contract.
- It means that the agent and not the principal is responsible for the contract.
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