Asked by
Souhail Talbyne
on Nov 23, 2024
Verified
A principal who ratifies a contract may begin accepting benefits under the contract before it has been ratified in writing.
Ratifying Contract
The act of formally approving an agreement to make it valid and binding, often after the fact.
Accepting Benefits
The act of receiving advantages, possibly under a contract, and particularly in a manner that implies acknowledgment or endorsement.
Writing
The act or process of forming visible letters or characters specifically for communication or documentation.
- Comprehend the core regulations that dictate the authorization of agreements by principals.
Verified Answer
MC
Learning Objectives
- Comprehend the core regulations that dictate the authorization of agreements by principals.