Which of the Following Is Most Likely to Constitute Ratification

question 53

Multiple Choice

Which of the following is most likely to constitute ratification of a contract made by a minor?

• A)Not performing one's duties under the contract after reaching the age of majority.
• B)Nonperformance of the other party to the contract after the age of majority.
• C)Failing to disaffirm a completely executory contract within one month after the age of majority.
• D)Making an oral statement that "I will ratify the contract."

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Definitions:

New Product Adoption

The process through which consumers become aware of, evaluate, and decide to purchase and use a new product.

Money-Back Guarantees

Promises made to customers that they can receive a refund if the product they purchase does not meet certain criteria or expectations.

Product Manager

A professional responsible for the strategy, roadmap, and feature definition for a product or product line, also often responsible for product branding, marketing, and sales activities.

Chief Marketing Officer

A high-ranking executive responsible for overseeing the marketing activities and strategy of an organization, aiming to enhance brand awareness and sales.