Which of the Following Is True About Ratification

question 18

Multiple Choice

Which of the following is true about ratification?

• A) It releases the principal from liability to the third person.
• B) It gives the agent the same right to compensation that he or she would have had if there had been prior authorization.
• C) It requires the principal to have full understanding of the legal significance of all material facts.
• D) It is inferred by a court from the fact that the agent accepted the benefits of an unauthorized contract.

Acknowledge the potential outcomes and defenses in negligence cases, including the role of damages and the concept of assumption of risk.

Interpret the impact of foreseeable and unforeseeable intervening causes on negligence liability.

Distinguish between the principles of strict liability and negligence, and when each applies.

Comprehend the role of personal responsibility and societal standards in determining negligence.

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Definitions:

Sculptor

An artist who creates three-dimensional works of art, typically by carving or shaping materials like stone, metal, or wood.

Original Works

Creations that result from an individual's creativity or intellectual endeavor, which are protected by copyright law.

Trade Symbols

Symbols, logos, or other marks used by a company or organization to identify their goods or services as distinct from those of others.

Certification Mark

A symbol, logo, or words that a certifying authority applies to products or services to indicate that they meet certain standards.