A Contract Entered into by an Agent Cannot Be Ratified

question 158

True/False

A contract entered into by an agent cannot be ratified inadvertently by the principal.

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Definitions:

Dependent

A person who relies on another, especially a family member, for financial support.

Independent

Independent describes someone or something not influenced or controlled by others in matters of opinion, conduct, or other actions.

Convenience Sample

A non-random selection of participants from a population based on ease of access and availability, often used in exploratory research where representativeness is not a primary concern.

Probability Sample

A sampling method in which each member of the population has a known, non-zero chance of being selected, allowing for statistical inference to the larger population.