Legal Question in Business Law in Philippines

what are the requisities of a valid ratification of ultra vires act

Asked on 10/09/12, 5:57 am

1 Answer from Attorneys

VOLTAIRE T. DUANO VOLTAIRE T. DUANO LAW OFFICE
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It can be done impliedly and expressly. The first by accepting benefit on the act while the second by performing a positive act stating that the same is being ratified.

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10/09/12, 7:04 pm

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