Examlex
Which of the following statements about collective public opinion versus the public opinion of individuals is true?
Implied Ratification
The act of accepting or endorsing a previously unauthorized action or agreement through behavior that implies approval, rather than through explicit consent.
Agent's Act
Refers to actions taken by an agent on behalf of a principal, where the agent has the authority to affect the principal's legal position.
Principal's Conduct
Actions or behaviors of a principal (party who has authorized an agent to act on their behalf) that can affect the principal's legal rights and liabilities.
Express Ratification
The explicit approval or confirmation of an act or contract by all parties involved, often necessary for the act's validity.
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