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

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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Answered on 10/09/12, 7:04 pm


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