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)
“The government, which is the supreme authority in states, must be in the hands of one, or of a few, or of the many. The true forms of government, therefore, are those in which the one, the few, or the many, govern with a view to the common interest.”
—Aristotle (384–323 B.C.)
“Freedom of conscience entails more dangers than authority and despotism.”
—Michel Foucault (1926–1984)