In business law, there are different types of agreements, some of which are part of normal business operations and are intended to protect other companies from adverse legal situations. Some joint agreements include partnership agreements, compensation agreements and non-disclosure agreements. A non-disclosure agreement allows business owners with legal status if one of the parties involved in the organization discloses any type of proprietary or confidential business information to third parties or to a party outside the organization. A non-disclosure agreement is also signed by many employees who work for different organizations. It is an agreement that pays for the employer-employee relationship, compensation, benefits, conditions, job description, and any other matter that brings the employee to the workplace. All organizations have a flexible employment contract to enroll each employee. A questionable contract is a legally enforceable agreement, but can be treated as if it had never been binding on a party who suffered from a legal disability or who was the victim of fraud at the time of its performance. The contract is not invalid unless the party decides to treat it as such by opposing its performance. A countervailable contract may be ratified expressly or implicitly by the party who has the right to evade it. Explicit ratification takes place when the party that has become legally capable declares that it accepts the terms and obligations of the contract.
Tacit ratification occurs when the party expresses by its conduct its intention to ratify a treaty, para. B example by fulfilling it in accordance with its conditions. The ratification of a treaty has the same elements as the conclusion of a new treaty. There must be intent and full knowledge of all essential facts and circumstances. Verbal recognition of a contract and commitment to performance constitute sufficient ratification. However, a party who had legal capacity at the time of signing a countervailable contract may not claim its annulment in order to avoid the performance of its conditions. They are also called „transfer from a sole proprietorship to a limited liability transfer contract”. These are usually made to transfer a business from a single owner to a business. Transfer contracts are extremely complicated due to the ownership and separation of assets and liabilities. .
