Asked by
Kissha Candol
on Nov 10, 2024Verified
It is only where a principal consciously ratifies that a contract can be effectively ratified.
Consciously Ratifies
The act of officially approving or confirming a decision or agreement with full awareness.
Ratified
Formally approved or confirmed, often in the context of contracts or agreements to signify official validation.
- Comprehend the process and requirements for agency contracts' ratification by principals.
Verified Answer
AC
Learning Objectives
- Comprehend the process and requirements for agency contracts' ratification by principals.