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Ratification Is the Subsequent Approval by a Corporate Board of a Previously

question 23

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Ratification is the subsequent approval by a corporate board of a previously unauthorized act by a manager.


Definitions:

Catabolic Reaction

A catabolic reaction is a metabolic pathway that breaks down molecules into smaller units, releasing energy.

Organic Molecules

Chemical compounds containing carbon that are found in or produced by living organisms, excluding carbonates, carbides, and carbon oxides.

Building Blocks

Fundamental components or elements from which larger structures are constructed, often used metaphorically for basic concepts or components in various fields.

Breakdown

A process where substances are decomposed or separated into smaller components.

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