(1) If a spouse has consented to the other spouse operating an independent trade or business, their approval of such legal transactions and legal disputes as the business operations entail is not required. Unilateral legal transactions which relate to the trade or business are to be entered into with the spouse who operates the trade or business.
(2) If a spouse knows that the other spouse is operating a trade or business, and if they have raised no objection to this, this is equivalent to consent.
(3) An objection and the revocation of consent are effective in relation to third parties only subject to section 1412.