meaning of apparent authority

apparent authority meaning in Legal Dictionary

n. the look of being the representative of some other (employer or principal) because of the capacity to act for the key. Since under the law of agency the boss (the principal) is likely for acts of their employee (broker), if a person that is not a representative seems to an outsider (a client) to have already been given authority by the key, then principal is trapped when it comes to acts of anyone he enables to seem to possess authority. This "apparent expert" could be distributed by offering Joe Slobovia (who's no expert to contract) with materials, stationery, forms, a truck with a business logo, or permitting him exercise of business office, making sure that an acceptable individual would believe Joe had authority to do something when it comes to business. Then the contract or even the cost estimate distributed by Joe and acknowledged by a 3rd party is binding regarding the company. Obvious expert might occur when Joe works for the business, does not have any expert to contract, but has been given that authority. Avoid the salesman whom surpasses his expert or perhaps the hanger-on which claims to get results the supervisor.

apparent authority meaning in Law Dictionary

legal idea where a principal accounts for an agents acts or failure to act. The agent is thought to act for third party. Refer to real authority.

apparent authority meaning in Business Dictionary

appropriate idea that (in agency agreements) a principal is likely for acts of this representative if the principal (by their actions or by a failure to behave) gives the feeling to a third party that the representative functions or speaks the principal. See in addition actual expert.

Sentence Examples with the word apparent authority

It is necessary to insist upon this fact, because it has been stated with apparent authority that numerous specimens which began to be exported from 1865 were the outcome of industry commencing in the 16th century and reaching its point of culmination at the beginning of the 18th.

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