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:
“Authority is not a quality one person “has,” in the sense that he has property or physical qualities. Authority refers to an interpersonal relation in which one person looks upon another as somebody superior to him.”
—Erich Fromm (1900–1980)
“It is not God that is worshipped but the group or authority that claims to speak in His name. Sin becomes disobedience to authority not violation of integrity.”
—Sarvepalli, Sir Radhakrishnan (1888–1975)
“The faith that stands on authority is not faith.”
—Ralph Waldo Emerson (1803–1882)