Business Studies, asked by babedoll8607, 1 year ago

How does the concept of 'Authority' arise?

Answers

Answered by mikecharriez1
0

Apparent authority is a concept used in agency law that refers to the situation that arises when a principal, such as a corporation, indicates to a third party that an officer or agent is authorized to act on its behalf and the third party relies in good faith upon such authority.

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