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

question 51

Multiple Choice

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

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

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Definitions:

Enhanced Rumination

The process of continuously thinking about the same thoughts, which are often negative or sad, leading to a deeper state of negative thinking.

Decreased Self-consciousness

The reduction in the awareness of oneself or one's actions in the presence of others, often leading to more natural and spontaneous behavior.

Social Relationships

Connections between individuals in a society, structured by social institutions, norms, and values.

Religious Beliefs

The faith or convictions regarding the existence, nature, and worship of a deity or deities, and the adherence to the moral codes, ethics, or practices determined by such faith.