Ratification: Difference between revisions
imported>Doug Williamson (Create page. Source: Oxford Dictionary of Law, 8th Edition, 2015) |
imported>Doug Williamson m (Amend text.) |
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1. ''International law''. | 1. ''International law''. | ||
Approval of | Approval of an international treaty by the relevant head of state, or the head of state and the legislature, when necessary to bring the treaty into force. | ||
Most international treaties state expressly whether or not ratification is required, to make them effective. | Most international treaties state expressly whether or not ratification is required, to make them effective. | ||
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*[[Fraud on the minority]] | *[[Fraud on the minority]] | ||
*[[Free trade agreement]] | *[[Free trade agreement]] | ||
*[[General meeting]] | *[[General meeting]] | ||
*[[International law]] | *[[International law]] | ||
Revision as of 12:37, 8 April 2021
1. International law.
Approval of an international treaty by the relevant head of state, or the head of state and the legislature, when necessary to bring the treaty into force.
Most international treaties state expressly whether or not ratification is required, to make them effective.
2. Contract law - agency.
Confirmation or adoption of an act, where necessary for it to have legal effect.
For example, if an agent - without authority - forms a contract with a third party, the principal can ratify and adopt the contract, making it fully effective and enforceable.
3. Company law - sanctioning minor irregularities.
In the case of minor irregularities in running a company, a general meeting can pass a resolution to sanction the irregularity.
Major irregularities cannot be sanctioned in this way, for example ultra vires acts, or a fraud on the minority.
Source: Oxford Dictionary of Law, 8th Edition
