agent's apparent authority
- That authority of an agent which, though not actually granted, the principal knowingly permits the agent to exercise, or which the principal holds him out as possessing. In effect, an agent's apparent authority is, as to third persons dealing in good faith with the subject of his agency and entitled to rely upon such appearance, his real authority, and it may apply to a single transaction or a series of transactions. 3 Am J2d Ag § 73.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
apparent authority — see authority Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. apparent authority … Law dictionary
Apparent authority — (also called ostensible authority ) relates to the doctrines of the law of agency. It is relevant particularly in corporate law and constitutional law. Apparent authority refers to a situation where a reasonable person would understand that an… … Wikipedia
apparent authority — In the law of agency, such authority as the principal knowingly or negligently permits the agent to assume, or which he holds the agent out as possessing. Such authority as he appears to have by reason of the actual authority which he has. Such… … Black's law dictionary
apparent authority — Appearing to be the agent of another (i.e., the employer or principal) with the power to act for her or him. Under the law of agency, the principal is liable for the acts (e.g., damage caused, contracts signed) of her or his employee (i.e.,… … Business law dictionary
apparent authority of insurance agent — Authority which, although not actually granted, the insurance company knowingly permits the agent to exercise, or which it holds him out to the public as possessing. 29 Am J Rev ed Ins § 146 … Ballentine's law dictionary
apparent authority — noun : the authority that an agent appears to have by reason of his actual agency or by such acts or conduct of the principal as estop the latter from denying the authority … Useful english dictionary
apparent authority — That authority which, though not actually granted, the principal knowingly permits his agent to exercise, or which he holds him out as possessing. Ulen v Kneettle, 50 Wyo 94, 59 P2d 446, 111 ALR 565 … Ballentine's law dictionary
Agent (law) — For other uses of the word Agent, see Agent (disambiguation). This is correctAn Agent in Commercial Law is a person who is authorised to act on behalf of another (called the Principal) to create a legal relationship with a Third Party. Section… … Wikipedia
authority of agent — The power of the agent to affect the legal relations of the principal by acts done in accord with the principal s manifestations of consent to him. See agent s actual authority; agent s apparent authority; agent s express authority; agent s… … Ballentine's law dictionary
authority — au·thor·i·ty n pl ties 1: an official decision of a court used esp. as a precedent 2 a: a power to act esp. over others that derives from status, position, or office the authority of the president; also: jurisdiction b: the power to act … Law dictionary