Simplified Authority Flashcards
1
Q
Actual
A
i. Does AGENT reasonably believe P intends authority?
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.
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].
4
Q
Estoppel
A
Did P’s bad behavior cause third parties loss?
Last resort, also need bad behavior by P
5
Q
Ratification
A
Did P accept deal made on behalf by A