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Chelsea Dinnin
on Nov 10, 2024

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Ratification of a contract can take place by the principal knowingly taking a benefit under the contract.

Knowingly

Acting with awareness or deliberate intention, often referenced in legal contexts to imply a person had knowledge or should have had knowledge of the implications of their actions.

Ratification

The act of formally confirming or approving an agreement, often after the agreement is initially made, to make it officially valid.

  • Acquire knowledge about the steps and requirements needed for the ratification of agency agreements by principals.
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Amber PriceNov 12, 2024
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