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) None of these.

Question

Quizplus · Accepted Answer

Apparent authority is 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. Actual implied authority and actual express authority are not the correct choices since they refer to actual authority granted by the principal to the agent.

Authority That a Third Person, in View of the Circumstances