Question: answer please D Question 46 1 pts When can ratification be effective? When the principal accepts the benefit of the contract but not the obligations

answer please
answer please D Question 46 1 pts When can ratification be effective?

D Question 46 1 pts When can ratification be effective? When the principal accepts the benefit of the contract but not the obligations O When a corporation ratifies contracts before the company has been incorporated When both the principal and agent are capable of contracting O When a third party ratifies a contract as part of a novation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!