Before a principal can ratify a contract, the principal must know all of the material facts involved in the deal.

Name: Before a principal can ratify a contract, the principal must know all of the material facts involved in the deal.
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This is known as the doctrine of disclosure, where the principal must have full knowledge of all important information before agreeing to a contract. Without this knowledge, the principal cannot fully and willingly enter into a binding agreement.

Before a Principal Can Ratify a Contract, the Principal Must