If a Voidable Contract Is Ratified, the Parties Must Fully

question 56

True/False

If a voidable contract is ratified, the parties must fully perform their respective legal obligations.

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Definitions:

Perceptual Speed

The ability to quickly and accurately recognize differences and similarities among objects and symbols.

Crystallized Intelligence

The ability to use learned knowledge and experience, which typically increases with age.

Fluid Intelligence

The potential to employ logical reasoning and find solutions in unique scenarios, not dependent on existing knowledge.

Numeric Ability

The capacity to understand, work with, and reason using numbers, often evaluated in educational and psychological testing.