If a Principal Does Not Ratify an Unauthorized Contract,the Principal

question 10

True/False

If a principal does not ratify an unauthorized contract,the principal is not bound.

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Definitions:

Goals and Values

Fundamental objectives and principles that guide an individual's or organization's decision-making processes and behaviors.

Common Goal

A shared objective or aim that multiple parties or individuals agree to work towards collaboratively.

Equally

Equally means in a manner that is uniform, impartial, or fair, ensuring that everyone or everything is given the same treatment or consideration.

Solution Options

Available methods or approaches to solve problems or overcome challenges.