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Author Question: Explain the difference between apparent authority and actual authority. What will be an ideal ... (Read 38 times)

crazycityslicker

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on: Jul 26, 2018
Explain the difference between apparent authority and actual authority.
 
  What will be an ideal response?

Question 2

What is the best method for indicating when an agency contract terminates and why is this the best method?
 
  What will be an ideal response?


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Anonymous

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Reply #1 on: Jul 26, 2018
Answer to Question 1

Actual authority is conferred on someone when they are provided with legal authority to perform work or other acts on the behalf of a principle and apparent authority occurs when an owner acts as if an individual is acting on their behalf.

Answer to Question 2

The best method for indicating when an agency contract terminates is to state when the objective of the agency contract is completed or when the agent finishes a specific event.


crazycityslicker

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Reply 2 on: Jul 26, 2018
Thanks for the timely response, appreciate it

bbburns21

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Reply 3 on: Yesterday
Excellent

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