Sunday, July 31, 2011

When there is actual authority, the absence of apparent authority is irrelevant

American Standard Credit v. National Cement Co., 643 F.2d 248, 267 (5th Cir.1981).

See also Taylor v Taylor, 20 Ill. 650, 652 (1858 (all acts of act performed within the scope of the agency bind the principal).

Actual authority may be:
  • express
  • implied from facts and circumstances
  • implied from knowing acquiescence in the agent's earlier actions or course of conduct
  • incidental
  • by operation of law
  • inherent

No comments:

Post a Comment