Ratification May Be Inferred by a Court

question 40

Multiple Choice

Ratification may be inferred by a court:

• A)from the fact that the principal accepted the 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:

Concrete External Traits

Observable and measurable attributes of an individual that are not abstract but tangible and direct.

Baumrind's Dimensions

A framework identifying three main parenting styles: authoritative, authoritarian, and permissive, based on the level of demand and responsiveness.

Egalitarian

A principle that emphasizes equal rights, opportunities, and treatment for all individuals within a society.

Sensitivity

The quality of being responsive or susceptible to external conditions or stimuli.