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Question

Legal Studies Question on Laws of Contract

According to Indian Contract, 1872 if an agency is created by ratification, then there is a contract between the principal and the third party-

A

from the date of ratification

B

from the date when the agent first contracted

C

from the date notified by the third party

D

from the date notified by the principal

Answer

from the date when the agent first contracted

Explanation

Solution

The correct option is (B): from the date when the agent first contracted .