Ratification Is a Process Whereby a Principal Binds Himself to an Unauthorized

question 87

True/False

Ratification is a process whereby a principal binds himself to an unauthorized act done by an agent,or by a person purporting to act as an agent.

---

Definitions:

Positively Correlated

A relationship between two variables where an increase in one variable is associated with an increase in the other variable.

Students' Heights

The measurement of how tall students are, often collected for health, research, or administrative purposes.

Respective Weights

The individual importance or influence assigned to different factors or variables in a calculation, decision-making process, or model.

Representative

Someone who acts on behalf of another person or group, or an example that typifies or stands for a larger group or class.