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in agency law, 1.agent should have acted as agent;Keighley v Durant 2.the principal must be in existence at the time the agent makes the contract and should have legal capacity to make the contract himself.;Kelner v Baxter 3.void contracts cannot be rattified;Ashbury carriage co. v Riche 4.the principal must have full knowledge of the terms of the contract and should have rattified voluntarily. 5.the whole contract should be rattified. 6.the third party hould have believed that the agent had the authority to contract. 7.rattification must be done within a reasonable period of time.

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Q: What are five prerequisite of valid ratification?
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Related questions

What Article concerns ratification?

Article Five.


Is validity is a prerequisite of reliability?

No, validity is not a prerequisite of reliability. Reliability refers to the consistency or stability of a measure, while validity refers to the accuracy of the measure in assessing what it is intended to assess. A measure can be reliable but not valid, meaning it consistently measures something but not necessarily what it is intended to measure.


What are the five issue s involved in the ratification depend?

senesie


What were five issues involved in the ratification debate?

One of the reasons for ratification was the nation could not pass taxes to pay for supplies in states.


What five issues involved in the ratification debated?

One of the reasons for ratification was the nation could not pass taxes to pay for supplies in states.


What five letter word Ends with id?

valid


What is the definition for the word ratify and include an example as it pertains to law?

In law terms, ratify means to make valid or effective. Pertaining to the law, it could be ratification of a treaty, contract or protocol.


Agency by ratification is not agency at all.Discuss?

agency of ratification is agency because by ratification the principal acknowledges to take the liability of the contract since the time of the comenmence of the contract aldhough he was not aware of the contract. All the liabilities that could have been incurred by the agent are transferred to the Principal as if he was the one who entered into the contract. So long as the principal is given all the material fact, the contract remains valid even if he ratified it by means of implied terms.


What is A sentence with ratification?

The ratification of the treaty was delayed.


What party names were given to those who favored ratification and to those who opposed ratification of the us constitution?

Ratification- Federalist Anti-ratification- anti-federalist


What is the difference between a prerequisite and a recommended course?

prerequisite is required


Is six thousand five hundred million a valid number or is it six billion five hundred million?

It's six billion, five hundred million.