Ratification of a Contract by a Principal Releases the Agent

question 41

True/False

Ratification of a contract by a principal releases the agent from all liability to the third party.

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Definitions:

Polarizing Decision

A decision that divides opinion among groups or individuals, leading to distinctly opposed positions or factions.

Milgram's Experiment

A series of psychological experiments conducted by Stanley Milgram to study obedience to authority, highlighting people's willingness to follow orders even when they cause harm to others.

Obedience To Authority

The act of following orders or directives from someone in a position of power, often studied in the context of social psychology.

Unreasonable Orders

Commands or directives that are excessively demanding, unethical, or impossible to fulfill.