• 1 Marks

BL – May 2013 – L1 – SA – Q8 – Agency Law

This question tests the understanding of the concept of ratification by a principal in an agency relationship.

Any act or statement which clearly shows the intention of the principal to adopt the action taken on his behalf by the agent is known as:

A. Ratification
B. Estoppel
C. Revocation
D. Consideration
E. Novation

A. Ratification
Explanation:
The correct answer is A because ratification occurs when a principal affirms or adopts an act done on their behalf by the agent, even if the agent originally lacked the authority to act. By ratifying the action, the principal binds themselves to the consequences of the agent’s act.

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