Apparent Authority

Dean is not Paul's agent, but Paul tells Charlie that Dean has always been a good friend and can "handle any of my business affairs." If Dean were to later enter into a contract with Charlie on Paul's behalf, Dean would be acting under an

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Social Studies

Nick

28 October, 08:51

Apparent Authority

Dean is not Paul's agent, but Paul tells Charlie that Dean has always been a good friend and can "handle any of my business affairs." If Dean were to later enter into a contract with Charlie on Paul's behalf, Dean would be acting under an

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Johnston · Answer 1

Apparent authority

Explanation:

Based on this text, if Dean were to later enter into a contract with Charlie on Paul's behalf, Dean would be acting under an apparent authority. Apparent authority is the power of an agent to act on behalf of a principal without it being expressly stated. This occurs when a third party infers that the principal has granted this power to the agent.

Apparent AuthorityDean is not Paul's agent, but Paul tells Charlie that Dean has always been a good friend and can "handle any of my business affairs." If Dean were to later enter into a contract with Charlie on Paul's behalf, Dean would be acting under an

Apparent Authority

Dean is not Paul's agent, but Paul tells Charlie that Dean has always been a good friend and can "handle any of my business affairs." If Dean were to later enter into a contract with Charlie on Paul's behalf, Dean would be acting under an