Which of the Following Is Not a Method of Ratification

question 21

Multiple Choice

Which of the following is not a method of ratification?

• A) Through express language.
• B) Written acceptance of a portion of the contract.
• C) Through failure to make a timely disaffirmance.
• D) As implied from conduct.

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Definitions:

Prices

The monetary value expected, necessary, or allocated for the purchase of something.

Utility-maximizing Combination

The selection of goods and/or services that provides the highest level of satisfaction to a consumer, given their budget constraint.

Marginal Utility

The additional utility or satisfaction gained from consuming one more unit of a good or service.

Specific Money Outlay

The exact amount of money expended on purchasing goods and services or on an investment.