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2025-07-13 14:14:03
Ratification of the contract can be possible if …
- it concerns a part of the contract
- the contract is not void or a forgery
- it takes place after the time fixed for the performance of the contract
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2025-07-13 14:14:20
Ratification of a contract is an important concept in contract law, and it can occur under specific conditions. Let's break down the conditions you mentioned to understand when ratification is possible.
1. It concerns a part of the contract:- Ratification can occur for a specific part of a contract, especially if that part is valid and enforceable. This means that if one part of the contract is deemed acceptable, the parties can choose to ratify just that portion.
- For ratification to be valid, the contract must be legally binding. If the contract is void (meaning it has no legal effect) or if it is a forgery (a false document), then ratification cannot occur. The parties must be able to enforce the contract in a legal context.
- Ratification can also occur after the deadline for performance has passed. However, this is contingent upon the parties agreeing to the ratification despite the delay. They must acknowledge that they still wish to proceed with the contract despite the lateness.
In summary, ratification of a contract is possible if it concerns a valid part of the contract, the contract is not void or forged, and it can occur even after the performance deadline, provided all parties agree to it. Understanding these conditions can help you navigate contract law more effectively.