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Before a Principal Can Ratify a Contract, the Principal Must

question 15

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Before a principal can ratify a contract, the principal must know all of the material facts involved in the deal.


Definitions:

Mental Processing

The operations performed by the brain to receive, perceive, store, and retrieve information.

Conscious

Conscious refers to the awareness of the self, one's thoughts, feelings, and environment at any given time.

Strong Feelings

Intense emotional responses, which can range from joy, love, and excitement to anger, fear, and sadness.

Relevant Information

Data or facts that are pertinent and useful to the understanding, decision-making, or problem-solving process regarding a specific situation or subject.

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