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

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

Quizplus · Accepted Answer

Ratification of a contract can occur when the principal, after the fact, acknowledges the contract and accepts its benefits, thereby making the previously unauthorized act authorized.

Ratification of a Contract Can Take Place by the Principal