4.1 Law of agency

Question 1

what type of authority would NOT provide an agent with sufficent authority to create a binding contract between a principal and a third party?

Answer 1

assumed authority

Question 2

Where does aparent authority result from

Answer 2

results from the operation of the legal doctrine of estoppel

Question 3

Disclosure of risk to unrepresented form

Answer 3

use when providing trading services to an unrpresented party and a client in the same transaction

Question 4

Key purpose of risk of unrepresented form

Answer 4

to inform the client that you’re also providing services to an unrepresented party