Simplified Authority Flashcards

1
Q

Actual

A

i. Does AGENT reasonably believe P intends authority?

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2
Q

Apparent

A

A can’t create on his own- has to be an agent first.

i. Does it appear to THIRD PARTY that P has given A authority to act as P’s agent.

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3
Q

Inherent

A

i. Does nature of the position ordinarily include authority even if this particular agent didn’t have it? [Must have agency before this comes into play].

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4
Q

Estoppel

A

Did P’s bad behavior cause third parties loss?

Last resort, also need bad behavior by P

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5
Q

Ratification

A

Did P accept deal made on behalf by A

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