Business Studies, asked by kamalraj131001, 6 months ago

A ............... authorized the agent to do all acts on behalf of principle? ​

Answers

Answered by Anonymous
3

Answer:

By agency, a principal grants authority to an agent to act on behalf of and under the control of the principal. The relation between a principal and an agent is fiduciary and an agent's actions bind the principal. An agent is liable to a principal when he/she acts without actual authority, but with apparent authority.

Answered by ItzNorah
60

Hi mate

Question

A ............... authorized the agent to do all acts on behalf of principle?

Answer:

By agency, a principal grants authority to an agent to act on behalf of and under the control of the principal. An agent is liable to a principal when he/she acts without actual authority, but with apparent authority.

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