License Law & Agency第 31 / 100 题
Which of the following would create an agency relationship by ratification?
a.A signed listing agreement
b.A principal accepting the benefits of unauthorized acts after the fact
c.A written buyer-broker contract
d.A formal power of attorney
解析
Agency by ratification arises when a principal approves or accepts the benefits of an agent's previously unauthorized actions. This retroactively creates the agency relationship. Express agency, by contrast, is created by a clear agreement such as a signed listing.
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