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A Principal May Ratify an Unauthorized Contract of an Agent

question 34

True/False

A principal may ratify an unauthorized contract of an agent.


Definitions:

Big Five Trait

Refers to the five broad dimensions of personality, including openness, conscientiousness, extraversion, agreeableness, and neuroticism, used to describe human personality.

Neuroticism

Neuroticism is a personality trait characterized by emotional instability, anxiety, moodiness, worry, and sadness.

Conscientiousness

A personality trait characterized by thoroughness, a strong sense of duty, and a disciplined approach to tasks.

Affiliation

A connection or association with a group or organization.

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