If a Principal Ratifies a Contract Without Knowing All of the Facts,the

question 3

True/False

If a principal ratifies a contract without knowing all of the facts,the principal can rescind the contract.

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Definitions:

Assignment

The act of transferring rights, interests, or obligations from one party to another under contractual agreements.

Sublease

A tenant’s transfer of all or part of the leased premises to a third person for a period shorter than the lease term.

Landlord's Consent

Approval granted by a landlord, typically required for certain actions by the tenant such as subletting, making alterations to the property, or assigning the lease to another party.

Nullify

To legally cancel or make void a contract, law, or other legal binding agreement.