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A Contract Entered into by an Agent Cannot Be Ratified

question 158

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A contract entered into by an agent cannot be ratified inadvertently by the principal.


Definitions:

Local

Pertaining to or occurring in a particular area, community, or jurisdiction, not widespread or general.

Ordinance

A law or regulation made by a local government or authority.

Course of Dealing

The course of dealing refers to the pattern of behavior between parties that establishes a common basis for their understanding in a contractual relationship.

Uniform Commercial Code

A set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.

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