Which of the Following Is Untrue About a Corporation's Ratification

question 45

Multiple Choice

Which of the following is untrue about a corporation's ratification of an act of an officer?

• A) It applies to an authorized act of an officer.
• B) It relates back to the original transaction.
• C) It may be either express or implied from the corporation's acceptance of the contract's benefits.
• D) The corporation must have full knowledge of the facts in order to ratify the act.