Risk of implied authority is one of the feature of
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IT'S IMPLIFIED BY NEWLAND OF AUTHORITY MEMBERS❗
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Risk of implied authority is one of the features of Implied Authority of Contract which is a legal terminology. Implied authority basically means that an employee has certain authority on behalf of the company, even though the authority is not in a written form.
An employee with implied authority has the authority to make contracts which are legally binding, on behalf of the company.
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