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Ratification is a principals approval of an act of its agent that lacked the authority to bind the principal legally. Ratification defines the international act in which a state indicates its consent to be bound to a treaty if the parties intended to show their consent by such an act.
For example, if James purchases something for Peter, Peter can receive the item and apply it for his own use. When a contract is ratified, the person signing accepts the advantages and disadvantages of the agreement.
The Senate has the sole power to confirm those of the Presidents appointments that require consent, and to ratify treaties. There are, however, two exceptions to this rule: the House must also approve appointments to the Vice Presidency and any treaty that involves foreign trade.
The Constitution gives to the Senate the sole power to approve, by a two-thirds vote, treaties negotiated by the executive branch.
As per S. 196 of Indian Contract Act, 1872, A person can elect to ratify or disown the act of another, when such other person performs any act on behalf of him without his authority, knowledge or consent. For Example A sells good of B on credit to C without any authority.

People also ask

Ratify means to approve or enact a legally binding act that would not otherwise be binding in the absence of such approval. In the constitutional context, nations may ratify an amendment to an existing or adoption of a new constitution.
Ratification, as used in this subsection, means the act of approving an unauthorized commitment by an official who has the authority to do so.
Examples of ratify in a Sentence A number of countries have refused to ratify the treaty. Lincolns home state of Illinois was the first to ratify the 13th Amendment to the U.S. Constitution, which provided for the abolition of slavery.
To become part of the Constitution, any amendment proposed by that convention must be ratified by three-fourths of the states through a vote of either the state legislature or a state convention convened for that purpose.
Ratify means to approve or enact a legally binding act that would not otherwise be binding in the absence of such approval. In the constitutional context, nations may ratify an amendment to an existing or adoption of a new constitution.

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