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A Principal's Intent to Ratify a Contract

Question 9

Multiple Choice

A principal's intent to ratify a contract:


A) needs to be expressed explicitly.
B) may not be implied by his acts or failure to act.
C) may be inferred by a court from the fact that the principal accepted the benefits of an unauthorized contract.
D) may be inferred from the principal's repudiation of an unauthorized contract after becoming aware of it.

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