after withdrawal of the agency power shall be nullified. But
the activities subsequently confirmed by the bailors shall produce
directly the rights and obligations of the bailors. The agents
shall bear the responsibility for compensation for losses caused by
their failure to perform the obligations in accordance with the
letters of authorisation or by the nullification of their agency
activities.
@@ Article 9. The persons concerned of each side to the contract
should present the following documents to the other side for
examination:
1 A copy or photocopy of the lawful document registered with the
government of the country or region from which they come;
2 A list of recent assets and liabilities of the company or
enterprise checked by a registered accountant and a letter of capital
credit issued by a monetary institution which has business links
with the company or enterprise;
3 A letter of guarantee verified by a notary institution; and
4 A certificate of authorisation or entrustment given by the
company or enterprise to its representative or authorised agent
who shall sign contracts.
