Concept of authority - agency law, Business Law and Ethics

Concept of Authority - Agency Law

Whether this is the oral or written permission conferred on a person through another to do a particular thin.  Thus it is a factual concept and may produce power.  Thus power on the other hand is the ability about the agent to affect the legal position of the principal in as relation 3rd parties.  Although it is a legal concept and exists independent such for authority.  Conversely in agency law there the terms 'authority' and 'power' such are sometimes utilized synonymously particularly regard to with the scope of the agency relationship.

Posted Date: 1/22/2013 5:30:07 AM | Location : United States







Related Discussions:- Concept of authority - agency law, Assignment Help, Ask Question on Concept of authority - agency law, Get Answer, Expert's Help, Concept of authority - agency law Discussions

Write discussion on Concept of authority - agency law
Your posts are moderated
Related Questions
Commitment of Agent - Agency Law However responsibilities of an agent for the principal are: as; (a) Care and skill However to exercise due diligence in such performance of hi

Question 1 Briefly explain: (i) Describe Business ethics. (ii) Illustrate caveat emptor. (iii) Define corporate governance. (iv) What is whistle blowing? (v) D

Auditors: APPOINTMENT:           S.159 (1) provides that "every company shall at each annual general meeting appoint an auditor or auditors to hold office from the above

Defects in Appointment: S.181 provides that a director's acts shall be valid despite any defect that may afterwards be discovered in his appointment or qualification. This pro

Frank, a student at Anne Arundel Community College, is on his way to class one day. He enjoys his class very much and is looking forward to this particular class on tort law, but d

Question: (i) Define the term "conflict", "grievance" and "dispute" (ii) What are the key elements of a conflict? (iii) Describe the transformation process of a

Main advantages - mergers and winding up: A scheme of arrangement under s.207 offers three main advantages: (a)     it can be used in circumstances to which s.210 and s.280

V alues Basic convictions or beliefs which are specific behaviors and out- comes are more desirable compare to others. Values are judgmental in which they include our ideas

Rules Relating to an Offer - Law of Contract However the case law relating to an offer has established the following rules: 1. Such offer may be oral plus written or may be

QUESTION 1 Discuss the possible defences available to a trustee in proceedings for breach of trust QUESTION 2 Consider the legal differences between a custodian and a m