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1.The agent must purport to act as agent for a principal who is in contemplation and is identifiable at the time of contract.
2.The principal must be in existence at the time of contract.
3.The principal must have contractual capacity both at the time of the contract and at he time of ratification.
4.he principal must have the full knowledge of all the material facts.
5.Ratification must be done with in a reasonable time of the act purported to be ratified.
6.The act to be ratified must be lawful and not void or illegal or ultra vires in case of a company.
7. The whole transaction can be ratified.
8. Ratification must be communicated to the party who is sought to be bound by the act done by the agent.
9. Ratification can be of the acts which the principal had the power to do.
10. Ratification should not put a third party to damages.
11. Ratification relates back to the date of the act of the agent.
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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
How is ratification important?
the ratification is important because it is a big part of the united states constitution and America
When as the ratification of the constitution signed?
The ratification of the constitution was signed on May 29, 1790. The ratification process had began three years earlier in Rhode Island.
Ratification of amendments to the Constitution is a power of the?
Ratification of amendments to the Constitution is a power of the?
Ratification can occur by one of two methods which one has only been used once?
Ratification by state convention has been used but one time as established by Article V of the United States Constitution. State ratification was employed for ratification of the 21st Amendment in 1933..
