Ratification May Be Inferred by a Court

question 24

Multiple Choice

Ratification may be inferred by a court:

• A) from the principal's acceptance of benefits of an unauthorized contract.
• B) from the agent's failure to repudiate an unauthorized contract after becoming aware of it.
• C) from the third party's extent of knowledge about the contract.
• D) from the principal's failure to give express authority to the agent.

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Definitions:

Sister Chromatids

Duplicated DNA structures connected by a centromere, identical genetic information, formed during the S phase of the cell cycle.

Nuclear Envelope

A double-membrane structure that encloses the nucleus in eukaryotic cells, separating the contents of the nucleus from the cytoplasm.

Plasma Membrane

The lipid bilayer membrane that surrounds the cytoplasm of a cell, regulating the passage of substances in and out of the cell.

Sister Chromatids

Identical copies of a chromosome, connected by a centromere, produced during DNA replication and present in a cell prior to cell division.