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Hear this out loud PauseRatification: approval of agreement by the state After approval has been granted under a state's own internal procedures, it will notify the other parties that they consent to be bound by the treaty. This is called ratification. The treaty is now officially binding on the state.
Ratifying a contract is the act of approving the terms and conditions that are being spelled out in the document. After all, having a signed contract isn't always enough. For example, if you go on vacation and provide permission to an employee to sign a contract on your behalf, you may be then asked to ratify it.
Ratification: approval of agreement by the state After approval has been granted under a state's own internal procedures, it will notify the other parties that they consent to be bound by the treaty. This is called ratification. The treaty is now officially binding on the state.
How to Ratify a Contract Look over the agreement and make sure you understand the terms and conditions. If you ratify one part of the contract, you have to ratify the entire agreement. Make an express or implied declaration that you accept the terms. Continue honoring the terms of the contract as normal.
Ratification, as used in this subsection, means the act of approving an unauthorized commitment by an official who has the authority to do so.
Hear this out loud PauseIn the context of contract law, a person ratifies a contract when they accept the benefit, thereby rendering the contract legally enforceable. This can include signing a formal contract, but conduct may also ratify a contract.