Asked by
Bailey Ortega
on Nov 10, 2024
Verified
The ratification of a contract by the principal must be done in writing.
Ratification
The formal approval of an agreement or treaty by authoritative body, making it officially valid.
Writing
The process of using symbols, such as letters and characters, to communicate thoughts and ideas in a readable form.
- Understand the procedures and prerequisites for the ratification of agency contracts by principals.
Verified Answer
NL
Learning Objectives
- Understand the procedures and prerequisites for the ratification of agency contracts by principals.
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