Authority
An agent who acts within the scope of authority conferred by his or her principal binds the principal in the obligations he or she creates against third parties. There are essentially three kinds of authority recognized in the law: actual authority (whether express or implied), apparent authority, and ratified authority (explained here).
Read more about this topic: Law Of Agency
Famous quotes containing the word authority:
“Death is the sanction of everything the story-teller can tell. He has borrowed his authority from death.”
—Walter Benjamin (1892–1940)
“Destiny. A tyrant’s authority for crime and a fool’s excuse for failure.”
—Ambrose Bierce (1842–1914)
“Freedom of conscience entails more dangers than authority and despotism.”
—Michel Foucault (1926–1984)