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.

---

Definitions:

Human Capital

The collective skills, knowledge, and abilities of an organization's workforce that contribute to its economic value.

Designated Groups

Specific groups identified in employment equity or affirmative action plans that are recognized for special measures or considerations due to past discrimination.

Organizational Opportunities

Chances or prospects within an organization for career growth, development, or advancement.

HR Forecasting

The process of predicting an organization's future human resources needs based on current data, trends, and projections.