A Contract Entered into by an Agent Cannot Be Ratified

question 158

True/False

A contract entered into by an agent cannot be ratified inadvertently by the principal.

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Definitions:

Emerging Economies

Nations with social or business activity in the process of rapid growth and industrialization, often characterized by low but increasing gross domestic product (GDP).

Climate Change

A significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years.

Measures Of Performance

These are indicators or metrics used to evaluate the effectiveness, success, or efficiency of an operation, process, or individual.

Improvement

The process of making something better or more effective through modifications or enhancements.