Examlex
The first step in organizational change is:
Ratifies
The act of officially confirming or endorsing a decision, making it formally valid.
Adoption
In corporation law, a corporation’s acceptance of a preincorporation contract by action of its board of directors, by which the corporation becomes liable on the contract.
Novation
The act of replacing one obligation with a new one, extinguishing the original obligation.
Ratification
Ratification is the formal approval or confirmation of an action or agreement, often used in the context of treaties, contracts, or laws.
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