Can a principal ratify his agent's contract for the purchase of supplies if, when the agent (with apparent authority) made the contract, the principal was bankrupt?

1 Yes, because the agent had authority to make the contract

2 No, because the contract was not for necessities

3 Maybe, but only if the agent was acting in the principal's best interest

4 Yes, because a principal must ratify all contracts made by her agent

5 No, because the principal did not have capacity to contract when the contract was made