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QUESTION 35 Ratification: a. releases the agent from liability to the principal and the third party. b. must be expressed and may not be implied
QUESTION 35
Ratification:
a.
releases the agent from liability to the principal and the third party.
b.
must be expressed and may not be implied from the actions of the principal.
c.
does not give the principal the benefit of contracts entered into by the agent.
d.
can be effective only if the agent did not disclose the principal to the third party.
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