This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
The principal must affirm or disaffirm the contract as an entirety. He cannot affirm the part beneficial to himself and disaffirm the rest.1 Thus if he receives and retains property thereunder this amounts to a ratification of the entire contract, even if he expressly declares his intention of avoiding his liability.2 So a principal cannot retain land bought for her by her agent and avoid liability for his constructive fraud and undue influence.3 So a client who accepts and retains the proceeds of a judgment cannot claim ignorance of the terms of the decree or want of authority in the attorney to enter it in such form.4 So a receipt of part of the property to be delivered
5 Bohanan v. R. R., 70 N. H. 526; 49 Atl. 103.
6 Brong v. Spence, 56 Neb. 638; 77 N. W. 54.
1 Rader v. Maddox, 150 U. S. 128; Cochran v. Chitwood, 59 111. 53; Adams Express Co. v. Carnahan, 29 Ind. App. 606; 94 Am. St. Rep. 279; 64 N. E. 647; 63 N. E. 245; Travelers Ins. Co. v. Patten, 119 Ind. 416; 20 N. E. 790; Burke, etc., Co. v. Wells Fargo & Co., 7 Idaho 42; 60 Pac. 87; Coolidge v. Smith, 129 Mass. 554; St. Johns Mfg. Co. v. Munger, 106 Mich. 90; 58 Am. St. Rep. 468; 29 L. R. A. 63; 64 N. W. 3; Dodge v. Tullock, 110 Mich. 480; 68 N. W. 239; King v. Lumber Co., 80 Minn. 274; 83 N. W. 170; D. M. Osborn Co. v. Jordan, 52 Neb. 465; 72 N. W. 479; Hinman v. Mfg. Co., 65 Neb. 187; 90 N. W. 934; Hall v. Hopper, 64 Neb. 633; 90 N. W. 549; German Na-tional Bank v. Bank. 59 Neb. 7; 80 N. W. 48; Citizens' State Bank v.
Pence, 59 Neb. 579; 81 N. W. 623; Martin v. Humphrey, 58 Neb. 414; 78 N. W. 715; Farmer's, etc., Bank v. Bank, 49 Neb. 379; 68 N. W. 488; Pennsylvania, etc., Co. v. Cook, 123 Pa. St. 170; 16 Atl. 762; Fort v. Coker, 11 Heisk. (Tenn.) 579; Lane v. Black, 21 W. Va. 617; Strasser v. Conklin, 54 Wis. 102; 11 N. W. 254.
2 Henry Vogt Machine Co. v. Ling-enfelser (Ky.), 62 S. W. 499; Boudreaux v. Feibleman, 105 La. 401; 29 So. 881; Coggins v. Higbie, 83 Minn. 83; 85 N. W. 930; Piano Mfg. Co. v. Nordstorm, 63 Neb. 123; 88 N. W. 164; Aultman Co. v. Mc-Donough, 110 Wis. 263; 85 N. W. 980.
3 Stephens v. Ozbourne, 107 Tenn. 572; 89 Am. St. Rep. 957; 64 S. W. 902.
4 Julier v. Julier, 62 O. S. 90; 78 Am. St. Rep. 697; 56 N. E. 661. (In this case the decree was for alimony and barred the dower of the innocent and prevailing plaintiff
Under a contract is a ratification of the entire contract.5 So he cannot enforce a note for an insurance policy taken by his agent and repudiate the agreement for rescission at the option of the maker under which such note was given.6 So the principal cannot enforce a loan and repudiate liability for usury.7 So a principal cannot retain property taken by his agent in payment of a debt due the principal and repudiate the contract under which it was given.8 But if the agent has made two or more independent contracts, the principal may affirm one and disaffirm the other.9
 
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