A real estate agent works for a property owner who is outside of the country. The owner has dozens of buildings around the city. The agent is hired to sell one of the properties. After the sale is completed, the agent receives a very strong bid on one of the other properties. The agent sells the property and transfers the proceeds to the owner. Six months later the owner tries to recover the property, claiming that he never gave the agent authority to sell. Under what legal principle will the sale be upheld? Select one: a. Estoppel: After three months all parties are estopped from reversing any real estate transaction. b. Ratification: By accepting the proceeds from the sale the owner accepted the sale and the agents actions. c. Necessity: The agent knew that the offer would not last long and so had to act fast without consulting the owner. d. Contract: The agent was hired to sell real estate and therefore had the right to sell any and all real estate held by the owner until such authority was revoked. A real estate agent works for a property owner who is outside of the country. The owner has dozens of buildings around the city. The agent is hired to sell one of the properties. After the sale is completed, the agent receives a very strong bid on one of the other properties. The agent sells the property and transfers the proceeds to the owner. Six months later the owner tries to recover the property, claiming that he never gave the agent authority to sell. Under what legal principle will the sale be upheld? Select one: a. Estoppel: After three months all parties are estopped from reversing any real estate transaction. b. Ratification: By accepting the proceeds from the sale the owner accepted the sale and the agents actions. c. Necessity: The agent knew that the offer would not last long and so had to act fast without consulting the owner. d. Contract: The agent was hired to sell real estate and therefore had the right to sell any and all real estate held by the owner until such authority was revoked