Law · Agency and Authority
When a partner or agent acts without express authority, but the firm's prior actions or position represent to third parties that the person has authority, what type of authority does that person possess?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Apparent (or ostensible) authority✓
- 2Express authority
- 3Actual authority
- 4No authority
Correct answer
Apparent (or ostensible) authority
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