In forceUpdated to 1 Jan 2006Current version · Updated to 1 Jan 2006
Contracts Act 1950 · Updated to 1 Jan 2006 · Part X
150. Ratification may be expressed or implied
Feedback & supportRatification may be expressed or may be implied in the conduct of the person on whose behalf the acts are done.
(a)
A, without authority, buys goods for B. Afterwards B sells them to C on his own account; B’s conduct implies a ratification of the purchase made for him by A.
(b)
A, without B’s authority, lends B’s money to C. Afterwards B accepts interest on the money from C. B’s conduct implies a ratification of the loan.