Which of the following statements concerning a principal ratifying a contract formed by an agent is correct?
A、The principal need not have existed when the contract was made
B、The principal need not have had legal capacity when the contract was made
C、The principal must communicate their ratification of the contract clearly to the third party
D、At least half of the provisions of the contract must be ratified
A、The principal need not have existed when the contract was made
B、The principal need not have had legal capacity when the contract was made
C、The principal must communicate their ratification of the contract clearly to the third party
D、At least half of the provisions of the contract must be ratified
【参考答案及解析】
The principal must have existed and had legal capacity when the contract was formed. The entire contract must be ratified. The principal must communicate their ratification clearly to the third party.
The principal must have existed and had legal capacity when the contract was formed. The entire contract must be ratified. The principal must communicate their ratification clearly to the third party.