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Which one of the following is a course of action for the Principal if the agent enters into a contract (the contract) on the Principal's

Which one of the following is a course of action for the Principal if the agent enters into a contract ("the contract") on the Principal's behalf without the Principal's authority?

1)

No course of action is available to the Principal.

2)

The Principal may ratify part of the contract.

3)

The Principal may ratify the whole contract.

4)

The Third Party may ratify the whole contract.

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