53-3-5. Assumption of obligation by acceptance of benefits.
A voluntary acceptance of the benefit of a transaction is equivalent to a consent to all the obligations arising from it so far as the facts are known or ought to be known to the person accepting.
Source: CivC 1877, §900; CL 1887, §3524; RCivC 1903, §1218; RC 1919, §833; SDC 1939, §10.0324.