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:

Productivity Norm

A standard or benchmark for the amount of work or output that should be achieved by a worker or group within a certain time frame.

Membership Characteristics

The traits and attributes that define the identity and inclusion criteria of a group or organization.

Culturally Diverse

Describes a group or setting that includes individuals from a wide range of ethnic, cultural, and social backgrounds.

Centralised Communication Network

Communication flows only between individual members and a hub or centre point.