Ratification of a Contract Can Take Place by the Principal

question 1

True/False

Ratification of a contract can take place by the principal knowingly taking a benefit under the contract.

---

Definitions:

Connecting Points

Locations or nodes within a network where different routes or lines come together, facilitating movement or communication.

Expected-Rate-Of-Return

The anticipated percentage of gain or loss an investment is projected to generate, considering the risks involved.

Connecting Points

In the context of networks or transportation, refers to nodes or locations that link various segments or paths, facilitating movement or communication.