To Ratify a Contract, the Principal Must Have Knowledge of All

question 81

True/False

To ratify a contract, the principal must have knowledge of all material facts and may ratify either the entire contract or the part that is advantageous to the principal.

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Definitions:

Observation

The action or process of closely monitoring or noticing something or someone, often for study, research, or assessment.

Oppose Your Recommendation

Challenging or arguing against a suggested course of action or advice given.

Summary Reports

Concise documents that outline the main points of a longer report or discussion.

Academic Settings

Environments related to educational institutions like schools or universities, where learning, teaching, and research activities occur.