Selected Bibliography by Article
Article 2.2.92 Bibliography (1) An act by an agent that acts without authority or exceeds its authority may be ratified by the principal. On ratification the act produces the same effects as if it had initially been carried out with authority.
(2) The third party may by notice to the principal specify a reasonable period of time for ratification. If the principal does not ratify within that period of time it can no longer do so.
(3) If, at the time of the agent"s act, the third party neither knew nor ought to have have known of the lack of authority, it may, at any time before ratification, by notice to the principal indicate its refusal to become bound by a ratification.
Author | Title | Publisher |
---|---|---|
KREBS, T. | Comment on Arts. 2.2.1-2.2.10 | in S. VOGENAUER (ed.), Commentary on the UNIDROIT Principles of International Commercial Contracts (PICC), 2nd ed., Oxford University Press, Oxford, 2015, 415-461 |
KREBS, T. | Comment to Formation: Arts 2.2.1-2.2.10 - Authority of agents,pp.349-396 | in S.VOGENAUER - J.KLEINHEISTERKAMP, Commentary on the UNIDROIT Principles of International Commercial Contracts (PICC),Oxford University Press, New York, 2009 |
Total Bibliography in the database 952