Ratification extinguishes the action to annul a voidable contract.
Ang pagpapatibay ay mawawala ang aksyon upang mapawalang bisa ang isang kontrata.
- Confirmation, Ratification, Acknowledgment Distinguished
Technically and properly, the following terms must be used:
- Confirmation – to cure a defect in a voidable contract.
- Ratification- to cure the defect of lack of authority in an authorized contract (entered into by another).
- Acknowledgment- to remedy a deficiency of proof (thus, an oral loan may be put in writing, or when a private instrument is made a public instrument).