Inspite of exceeding the limits authirized, if principal accepts the act of agent is known as_________?
Correct answer: C. Ratification
- A. Acceptance
- B. Agreement
- C. Ratification
- D. None of these
Explanation
Ratification occurs when the principal later adopts an act performed by the agent beyond the agent’s authority, giving that act effect as though it had originally been authorized.
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About Civil Law
Civil law governs disputes involving private rights, including contracts, property, family relations, torts and compensation. The subject explains breach of duty, civil liability, damages, specific relief, injunctions and other remedies, while distinguishing private claims between individuals from criminal proceedings brought to punish offences against the state.
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