Agency by Ratification

Indemnity, Guarantee , Bailment, Pledge, Agency, Partnership and Sale of Goods

Ratification of Acts by principal can also create agency. A principal is bound by acts done by the agent with his authority which may be express or implied. He is also bound by acts done in emergency. In addition, he is bound on grounds of estoppel when there is apparent or ostensible authority vested in … Read more