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Key Terms Instructions: Please Define the Following Key Terms

question 63

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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Mary Wollstonecraft


Definitions:

Ratification

The official approval of a contract or agreement, making it valid and enforceable.

Exceeded Authority

Acting beyond the powers or rights granted by a legal or organizational authority, potentially leading to unauthorized or invalid actions.

Apparent Authority

A situation where a person appears to have been given the power by a company or another person to act on their behalf, even if no actual authority was granted.

Disclosed Principal

A situation in a business arrangement where the identity of the principal is known to all parties involved in the transaction.

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