Asked by Shane 2Wavyy on May 11, 2024
Verified
The principal may ratify either the entire contract or the part that is advantageous to the principal.
Principal's Ratification
The formal approval by a principal (party in authority) of an act performed on their behalf, usually validating a previously unauthorized act.
- Recognize the principle of ratification and its requirements.
Verified Answer
AY
Alyssa YoungMay 18, 2024
Final Answer :
False
Explanation :
Ratification by a principal must be of the entire contract, not merely a part of it. Ratification is an all-or-nothing action where the principal accepts all terms of the contract, including both its benefits and its burdens.
Learning Objectives
- Recognize the principle of ratification and its requirements.
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