Explain what do you mean by Ratification
Explain what do you mean by Ratification?
Expert
A principal will be held liable if it ratifies (subsequently adopts, based on words or actions) a contract that was made by an agent without authority. In effect, the establishes the contract retroactively, thus placing the principal, agent, and third party in the same position as they would have been in if the agency relationship had existed at the time of the contract.
What are the differences between an Invitation to treat and an offer?
Illustrate the important reason for Passing of Property?
What are the general principles of tort law?
Write down an explanatory note on the OTCEI.
Illustrate what do you mean by Injunctions?
Explain the legal forms of business?
Distinguish between a major breach and a minor breach?
Illustrate the term Copyrights?
Explain what do you mean by Cooperatives?
In how many ways, law does protect confidential information?
18,76,764
1949845 Asked
3,689
Active Tutors
1459215
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!