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Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

Art. 31

IV. De­fect of con­sent neg­ated by rat­i­fic­a­tion of the con­tract

 

1 Where the party act­ing un­der er­ror, fraud or duress neither de­clares to the oth­er party that he in­tends not to hon­our the con­tract nor seeks resti­tu­tion for the per­form­ance made with­in one year, the con­tract is deemed to have been rat­i­fied.

2 The one-year peri­od runs from the time that the er­ror or the fraud was dis­covered or from the time that the duress ended.

3 The rat­i­fic­a­tion of a con­tract made void­able by duress or fraud does not auto­mat­ic­ally ex­clude the right to claim dam­ages.