To effect a ratification, the principal must manifest an intent to do so with knowledge of all material facts concerning the transaction.

Name: To effect a ratification, the principal must manifest an intent to do so with knowledge of all material facts concerning the transaction.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ratification requires that the principal affirmatively indicates an intention to be bound by the act, with full knowledge of all the material facts related to the transaction.

To Effect a Ratification, the Principal Must Manifest an Intent