Question

Lev, an agent for Mill Grains LLC, executes an unauthorized contract with National Grocers Inc. The deal is highly advantageous to Mill Grains, and the company ratifies the contract. The contract is

Answer 1

Given that the contrsct that is being made here has been said to be ratified, the contravt can be said to a valid contract.

What is a valid contract?

This is a term that is used to refer to a contract that has been found to b e valid and also enforceable.

What makes a contract valid is the fact that there is an expressed offer, and a valid acceptance.

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