Which of the following is a condition that must be met in order for a principal to ratify the actions of an agent?
A、Ratification must occur immediately after the contract is formed
B、Ratification must be agreed with the third party
C、The principal must have existed when the contract was formed
A、Ratification must occur immediately after the contract is formed
B、Ratification must be agreed with the third party
C、The principal must have existed when the contract was formed
【参考答案及解析】
To ratify the contract, the principal must have existed when it was formed and ratification must take place within a reasonable period of time. Ratification must be communicated to the third party, but their agreement to the ratification is not required.
To ratify the contract, the principal must have existed when it was formed and ratification must take place within a reasonable period of time. Ratification must be communicated to the third party, but their agreement to the ratification is not required.