Facts
- The claimant, of unsound mind, purported to ratify the act of a solicitor in exercising his option to purchase his late partner’s share in their partnership outside of the 3 month limitation period following his partner’s death, although the solicitor’s act had taken place within the limitation period
Issue
- Could the option be exercised?
Decision
- No
Reasoning
- Ratification will not be effective when time is of the essence