agency by ratification


When the insurance company accepts the actions of an agent, this ratifies the act, making the company liable for consequences that may occur.

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The agency by ratification was a really interesting concept to me and I took a lot of interest in it.

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You may want to figure out if you can find a way to make agency by ratification work in your companies favor.

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The insurance company accepted the agreement of agreeing to agency by ratification as the insurance agent made certain promises that ought to be kept.

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