International Journal of Physical and Social Sciences
  • Year: 2013
  • Volume: 3
  • Issue: 1

A study of the importance of knowledge of facts to the principal for the ratification in the law of agency

  • Author:
  • Roshni Duhan, Vimal Joshi
  • Total Page Count: 12
  • Page Number: 332 to 343

Department of Law, B.P. S. Mahilavishwavidyalaya, Khanpurkalan, Sonipat

Online published on 21 November, 2013.

Abstract

As it is not possible by principal to do every deal by himself because it is very problematic to go to deal with every party at the time of forming agreements with them. So the importance and advantages of having a ratification clause in contracts increases and this study strives to bring focus on those advantages. The project will also look into the matter of whether parties can ratify the contracts or not which is done on the behalf of actual principal. So the researcher has concentrated the scope of study to analyze the validity of agreements with subject to ratification through different analysis of various agreements done under different situation and to know the validity of all those agreements done under those circumstances which are the subject of ratification.