A Principal's Intent to Ratify a Contract

question 9

Multiple Choice

A principal's intent to ratify a contract:

• A)needs to be expressed explicitly.
• B)may not be implied by his acts or failure to act.
• C)may be inferred by a court from the fact that the principal accepted the benefits of an unauthorized contract.
• D)may be inferred from the principal's repudiation of an unauthorized contract after becoming aware of it.

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Definitions:

Memory Decay

The gradual fading of memory over time due to the natural aging process or lack of use.

Retrieval Failure

An inability to recall information from memory, leading to forgetting.

Anti-Communist Regime

A government or political system that explicitly opposes communism, often engaging in policies to suppress, limit, or eradicate communist influence.

Kim Phuc

Known as the "Napalm Girl," she is a Vietnamese-Canadian best known for being photographed as a child during the Vietnam War, her image becoming a symbol of the horrors of war.