Purchase Solution

express and implied authority

Not what you're looking for?

Ask Custom Question

What is the difference between express and implied authority? Give an example of each.

Purchase this Solution
Solution Summary

What is the difference between express and implied authority?

Solution Preview

Express authority exists when someone either authorizes someone to do something by directly directing him to do it or by putting the authority in a contract. This means that the Principal's words or conduct reasonably causes the Agent to believe that he has the authority to act on the matter. For example, if a company hires a Director and in the ...

Purchase this Solution
Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

View More Free Quizzes
Related BrainMass Solutions

  • Government contracts

    In the context of government contractual authority, please define express authority, implied authority, and apparent authority and explain the key differences?

  • U.S.Federal Acquisition Regulations

    2) In the context of government contractual authority, please define express authority, implied authority, and apparent authority and explain the key differences? 3) As the contracting officer for a U.S.

  • Benefits of Uniform Commercial Code for Business Transactions

    or unreasonable use after sale 72.8150 Service contract in addition to or in lieu of express warranty 72.8160 Express warranty in addition to implied warranties 72.8170 Authority of manufacturer who makes express warranty to suggest

  • Express authority

    The law even allows apparent authority, where simply the actions or words of the principal lead others to believe that the person is his agent. In this context , express authority given orally is acceptable and binds the principal.

  • Contract Law - Definitions and Explanations

    Explain the differences between express, implied, and apparent authority. 23. Define the term "vicarious liability." 24. Identify the obligations of the agent to the principal. 25.

  • Contracts and Liability on Authority

    Implied authority- This is authority that is reasonably necessary to carry out express authority. This is due to the position the agent has such as a partner in a business being able to bind the partnership.

  • Apparent Authority

    321316 Business Law Assistance is needed in choosing an example of a type of agency (express, implied, apparent, or by ratification). Use an example from your professional experience that demonstrates one type of agency.

  • Contract Law Questions

    Scope of authority 24. Authority granted to an agent may be express, implied, apparent, or known. True 25.

  • Without the law of agency, corporations could not function

    Beyond the corporate world, there are numerous and common examples of agency relationships including the following: 1. A form of agency that is an actual express authority could include a power of attorney.

View More Related Solutions