For a Ratification to Be Effective, the Principal

question 65

Multiple Choice

For a ratification to be effective, the principal:

• A) must have knowledge of all material facts concerning the transaction.
• B) must communicate her intent to ratify to the third party.
• C) must have been in existence when the act was done.
• D) M ust have knowledge of all material facts concerning the transaction and  must have been in existence when the act was done.