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Ratification May Relate to Acts That Have Exceeded the Authority

question 11

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Ratification may relate to acts that have exceeded the authority granted to an agent.


Definitions:

Decimal Notation

A numerical representation system that uses the base 10 and includes a decimal point to separate the integer part from the fractional part.

Percent Equivalent

A value representing a part of a whole as a fraction of 100.

Terminating Decimal

A decimal with a limited number of digits following the decimal point.

Decimal Equivalent

The representation of a fraction or percentage as a decimal number.

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