Asked by Ja'Nayla Watts on Jul 14, 2024
Verified
Why is it impossible for there to be apparent authority on behalf of an undisclosed principal?
Apparent Authority
The appearance or assumption of authority based on the actions or statements of a principal, leading others to believe a person has the right to act on the principal’s behalf.
Undisclosed Principal
A legal term referring to a situation where an agent acts on behalf of a principal, but the identity of the principal is not revealed to the third party involved in the transaction.
- Assess the ideas related to apparent authority and how they apply to non-disclosed principals.
Verified Answer
Learning Objectives
- Assess the ideas related to apparent authority and how they apply to non-disclosed principals.
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