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
Discuss about the inflationary bias in the economy As the costs are lower, there is a greater incentive for the government to expand the money supply. Agents perceive this and s

What are the state foreign policy The states disregard the operational rule, that power must be counter balanced - they place their over security in jeopardy. "The balance of p

Explain what are the primary & secondary sources of information that you can use to conduct your research. If it is primary/secondary, or both state reasons for your answer.

The  defendants, while sympathetic, may believe that the ultimate responsibility of a child's safety and welfare belongs to the parent themselves. To the extent that the parents we

Recommendations for addressing phoenix activities Over the past two decades there have been a significant range of proposals for addressing phoenix activity. Most of these opt

Bailment – Negotiable Instrument Whether Sir William Jones has specified the subsequent definition of bailment: like "A delivery of goods on trust on a contract, such express

The United States form of government is often described as a "Constitutional Democracy ". The existence and importance of a written Constitution is a major difference between the A

Partnerships - Unincorporated Associations Conversely Partnership is defined through S.3 (1) of the Partnership Act as "the relation that subsists between persons carrying at

F.O.B. Contracts - Import and Export Trade Under an f.o.b. like free on board contract it is the duty of like the seller to put the goods on board a ship to the purpose of the

QUESTION 1 (a) What are the essential elements for a valid contract as stipulated by article 1108 of the Civil Code (CCM)? (b) How can consent be vitiated in relation to con