Asked by Jiwanjot Singh on Jul 13, 2024
Verified
Ratification of a contract may be either express or implied.
Ratification
The act of officially confirming or endorsing a previously unauthorized agreement or action.
Express
Clearly and directly stated, leaving no room for doubt or ambiguity.
Implied
Not directly expressed or stated but understood in the context of the situation or agreement.
- Acquire knowledge on the topic of ratification, considering both direct and indirect forms, and its influence on contractual arrangements with minors.
Verified Answer
KM
Krystine MeltonJul 18, 2024
Final Answer :
True
Explanation :
Once a person reaches the age of majority,he or she may ratify,or legally affirm,contracts made as a minor.Once ratified,the contract is no longer voidable.Ratification may be either express or implied.
Learning Objectives
- Acquire knowledge on the topic of ratification, considering both direct and indirect forms, and its influence on contractual arrangements with minors.
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