Which of the Following Is Untrue About a Corporation's Ratification

question 45

Multiple Choice

Which of the following is untrue about a corporation's ratification of an act of an officer?

• A) It applies to an authorized act of an officer.
• B) It relates back to the original transaction.
• C) It may be either express or implied from the corporation's acceptance of the contract's benefits.
• D) The corporation must have full knowledge of the facts in order to ratify the act.

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Definitions:

T Value

A statistic that is derived from a t-test and is used to determine if there is a significant difference between the means of two groups.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to the calculation of a statistic.

Effect Size

A quantitative measure of the magnitude of the difference between groups or the strength of a relationship between variables.

Degrees of Freedom

The total number of unique values or amounts that can be given to a statistical distribution.