Authority that a third person, in view of the circumstances, the conduct of the parties, and a lack of notice or knowledge to the contrary, may reasonably consider to exist is known as:
A) actual implied.
B) apparent.
C) actual express.
D) authorized.

Question

Quizplus · Accepted Answer

Apparent authority refers to a situation where a third party reasonably believes that an agent has the authority to act on behalf of a principal, even if such authority has not been explicitly granted. This belief can be due to the principal's behavior or past dealings that suggest the agent is authorized.

Authority That a Third Person, in View of the Circumstances