Examlex
Which of the following changes will increase the NPV of a project?
Disaffirmance
The legal right of a party to renounce or revoke a contract or agreement, particularly relevant in cases involving minors or instances of fraud.
Ratify
To formally approve or confirm an agreement or act, making it officially valid.
Ratified
Confirmed or made official by formal consent or approval, typically used in the context of constitutional amendments or treaty agreements.
Void Ab Initio
A term referring to an agreement or contract that is considered invalid from the outset, as if it never existed.
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