Cheryl knows that jake is looking to buy a new scooter. she sees one that would be perfect and negotiates with the seller on jake's behalf. she signs a contract for the scooter using her name but clearly indicating that she is working for jake. she actually is not. when jake sees the scooter, he loves it and agrees to pay the contract price. if agency exists in this situation, it is agency by:

Respuesta :

This is an example of agency by ratification.  This rises when an individual (the principal) approves (that is, ratifies and adopts) an act which has already been completed in his name and on his behalf by the agent, who actually, had no real authority (whether spoken or indirect) to act on the principal's behalf when the performance was completed.