Keighley, Maxsted & Co. V. Durant in Europe
Definition of Keighley, Maxsted & Co. V. Durant
([1901] A. C. 240). A principal cannot ratify his agent’s unauthorised act, unless the latter purported to act as his agent.
R was authorised by K to buy wheat on the joint account of himself and K at a certain price. R purchased at a higher price as principal. The next day K agreed with R to take the wheat. Held, K was not bound by this ratification
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Definition of Keighley, Maxsted & Co. V. Durant is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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