Ratification May Be Inferred by a Court from The

question 31

Multiple Choice

Ratification may be inferred by a court from the:

• A) principal's acceptance of benefits of an unauthorized contract.
• B) agent's failure to repudiate an unauthorized contract after becoming aware of it.
• C) third party's extent of knowledge about the contract.
• D) principal's failure to give express authority to the agent.

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Definitions:

Erikson

A psychologist known for his theory on the psychosocial development of human beings, which outlines eight stages that individuals pass through from infancy to adulthood.

Midlife Crisis

A psychological crisis occurring in middle age characterized by emotional turmoil, identity questioning, and strong desires for change.

Levinson

Refers to the psychologist Daniel Levinson, known for his theory on human development, particularly the concept of life structures in adult development.

Psychosocial Theory

A framework proposed by Erik Erikson that outlines eight stages of human development, each characterized by a different psychological crisis.