· 3/13/1998
Stathis v. Geldermann, Inc.
Citations
- 692 N.E.2d 798
- 295 Ill. App. 3d 844
- 229 Ill. Dec. 809
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- possessing knowledge of the terms of agreement and accepting payment under those terms without repudiation constitutes ratification
- ratification may be inferred from surrounding circumstances, including long-term acquiescence, after notice, to the benefits of an allegedly unauthorized transaction
- “Ratification occurs when the principal learns of an unauthorized transaction, then retains the benefits of the transaction or takes a position inconsistent with nonaffirmation.”
- “full knowledge of the act” needed
- “full knowledge of the act” needed
Source: CourtListener parenthetical corpus (CC0).
Judges: Hartman
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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