Crutcher-Tufts Resources, Inc. v. Tufts
Louisiana Court of Appeal
1ConcurrenceBonin, J.
|,I respectfully concur in the result.
In my view, the only issue which precluded partial summary judgment in this matter is that there is a genuine issue of material fact whether the partnership, or the partners, ratified David Tufts’ purchase of the questioned hedge contracts. “Ratification is a declaration whereby a person gives his consent to an obligation incurred on his behalf by another without authority.” LA. CIVIL CODE ART. 1843. “Tacit ratification results when a person, with knowledge of an obligation incurred on his behalf by another, accepts the benefit of that obligation.” Id.
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2Cases cited1 opinion
- QUILIO & ASSOC. v. Plaquemines Parish Gov'tLouisiana Court of Appeal · 2006