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The effect of ratification to backdate A’s authority to act as agent. This requires P to ” have been in existence both when the contract was made and at the date of ratification ”
sir, in above statement i could not get the point ”when contract was made”
in ratification, while agent is in deal with third party, there is no existence of P. contract is formed without the existence of P. isn’t it?
No! How can you act on behalf of someone who doesn’t yet exist?
Look at Kelner v Baxter and the act of buying a quantity of wine on behalf of the proposed Gravesend Royal Alexandra Hotel
Hi sir..am unsure with the agent by estoppel rule & apparent/obtensible authority as they sound so familiar. .thank you in adv ?
These two web addresses will help – and note that your confusion is “justified” – the second page to which I refer you states (in wikipedia) that “The doctrine of apparent authority is based on the concept of estoppel …..”
https://www.businessdictionary.com/definition/agency-by-estoppel.html
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