Which of the Following Is Not a Necessary Condition for Ratification

question 2

Multiple Choice

Which of the following is not a necessary condition for ratification?

• A) The agent must have purported to act on behalf of or as an agent for the identified principal.
• B) The third party benefiting from the ratification must give consideration for the ratification.
• C) The principal must have been capable of authorizing the act both at the time of the act and at the time it was ratified.
• D) The principal must have full knowledge of all material facts.

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Definitions:

Perspectives

Different viewpoints or attitudes towards a particular issue, reflecting diverse experiences and backgrounds.

Businesses

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits through the provision of goods or services.

Modern Consumer Culture

This term describes a society largely defined by the buying and selling of goods and services, emphasizing consumer behaviors and values.

Advertising

The process or occupation of creating promotional content for goods or services in the commercial sector.