Examlex
Which of the following occurs because people have different opinions on important issues in the organization that affect them?
Ratify
To officially sanction or ratify an agreement or treaty, thereby making it legally binding.
Contractual Capacity
The legal ability of a party to enter into a contract, including being of legal age and having sound mind.
Undisclosed Principal
A situation where an agent acts on behalf of a principal, but the identity of the principal is not revealed to the third party involved in the transaction.
Liquor Sale
The regulated process of selling alcoholic beverages, subject to various laws and licenses depending on the jurisdiction.
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