- This topic has 1 reply, 2 voices, and was last updated 15 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Agency by ratification
I am learning from the BPP books about the agency by ratification but I am stuck on that point.
Dear tutor, can you please explain to me, what it is all about?
Thanks
Agent acts beyond his authority. Principal MAY choose to adopt the contract entered into by the unauthorised agent. So principal ratifies the contract. Even if principal doesn’t consciously intend to ratify, if p’s later actions are in line with ( unauthorised ) agent’s promises, then Prin has ratified
