A Principal's Intent to Ratify a Contract

question 21

Multiple Choice

A principal's intent to ratify a contract:

• A) can only be inferred by the agent's actions.
• B) may not be implied by his acts or failure to act.
• C) may be inferred by a court from the fact that the agent accepted the benefits of an unauthorized contract.
• D) may be inferred from the principal's failure to repudiate an unauthorized contract after becoming aware of it.

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Definitions:

Lifestream Data

Digital information streams generated by the activities of individuals on various platforms, capturing the essence of their daily lives and interactions.

Profile Data

Information related to the characteristics, preferences, or behaviors of an individual or entity, often collected and used for targeting or personalization.

Handle Squatting

The act of registering and holding onto a social media username with the intent of selling it or preventing its use by others.

Lifestreaming

The practice of sharing aspects of one's daily life through digital platforms, typically involving continuous live broadcasts or postings.