actual authority (powers) of an agent

  • 1Actual Authority — Specific powers, expressly conferred by a principal (often an insurance company) to an agent to act on the principal s behalf. This power may be broad, general power or it may be limited, special power. Also known as express authority. Actual… …

    Investment dictionary

  • 2authority — au·thor·i·ty n pl ties 1: an official decision of a court used esp. as a precedent 2 a: a power to act esp. over others that derives from status, position, or office the authority of the president; also: jurisdiction b: the power to act …

    Law dictionary

  • 3Agent (law) — For other uses of the word Agent, see Agent (disambiguation). This is correctAn Agent in Commercial Law is a person who is authorised to act on behalf of another (called the Principal) to create a legal relationship with a Third Party. Section… …

    Wikipedia

  • 4authority — Permission. Right to exercise powers; to implement and enforce laws; to exact obedience; to command; to judge. Control over; jurisdiction. Often synonymous with power. The power delegated by a principal to his agent. The lawful delegation of… …

    Black's law dictionary

  • 5authority — Permission. Right to exercise powers; to implement and enforce laws; to exact obedience; to command; to judge. Control over; jurisdiction. Often synonymous with power. The power delegated by a principal to his agent. The lawful delegation of… …

    Black's law dictionary

  • 6Apparent authority — (also called ostensible authority ) relates to the doctrines of the law of agency. It is relevant particularly in corporate law and constitutional law. Apparent authority refers to a situation where a reasonable person would understand that an… …

    Wikipedia

  • 7Ostensible authority — In law, ostensible authority refers to the apparent authority of an agent (usually a company director) of a company as it appears to others, [ Hely Hutchison v Brayhead Ltd [1968] 1 QB 549 at 583] and it can operate both to enlarge actual… …

    Wikipedia

  • 8PUBLIC AUTHORITY — PUBLIC AUTHORITY, in the context of this article, a term referring to an authoritative body composed of representatives of the public – whether appointed or elected by the latter – and entrusted with the duty and power to arrange various matters… …

    Encyclopedia of Judaism

  • 9apparent authority — see authority Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. apparent authority …

    Law dictionary

  • 10implied authority — The actual authority of an agent, circumstantially proved, which the principal is deemed to have actually intended the agent to possess; authority of an agent arising independently of any express grant of authority, as from some manifestation by… …

    Ballentine's law dictionary