Ratification Makes a Contract Void from the Beginning

question 27

True/False

Ratification makes a contract void from the beginning .

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Definitions:

Current Shareholder

An individual or entity that currently owns shares in a company.

General Cash Offering

A public sale of securities to all investors, typically to raise capital for a corporation.

Securities Offered

Financial instruments such as stocks, bonds, or options that are made available for sale to investors.

Direct Cash

Cash transactions that involve the immediate transfer of money for goods or services, without any delay in payment.