1. If the impostor fails to ratify the impostor, the contract is invalid and the losses caused shall be borne by the impostor;

2. If the imitator approves the behavior within a reasonable time, the contract has legal effect.

legal ground

Article 7 of the Civil Code of People's Republic of China (PRC)

Civil subjects engaged in civil activities should follow the principle of good faith and adhere to honesty and trustworthiness.

Article 490

If the parties enter into a contract in the form of a contract, the contract shall be established when the parties sign, seal or press their fingerprints. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it.

Article 493

Where the parties conclude a contract in the form of a contract, the place where the contract is finally signed, sealed or fingerprinted shall be the place where the contract is established, unless otherwise agreed by the parties.

Article 17 1

If the actor has no power of agency, exceeds his power of agency or terminates his power of agency, he will still carry out the agency act, and it will have no effect on the principal without ratification by the principal.

The counterpart may urge the principal to ratify it within 30 days from the date of receiving the notice. If the trustor fails to declare it, it shall be deemed as refusal to ratify it. Before the act committed by the actor is ratified, the bona fide counterpart has the right to revoke it. Revocation shall be made by notice.