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Compare and contrast actual authority and apparent authority. Does one carry more weight than the other? Why or why not?

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Solution Summary

The expert examines actual authority and apparent authority. The response addresses the queries posted in 450 words with references.

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The response addresses the queries posted in 450 words with references.
This paper will contain a comparison of apparent and actual authorities with relation to agency or corporation. The paper will include details of apparent authority and reasons of its origin

Actual authority is transferred to an agent, or it may come when an agent is empowered to perform the functions of a principal by expressed or implied orders. This is very much applicable in case of agency. On the other hand, in apparent authority, the agent acts as a third party, and statements of agent are within limits and scope of his real authority. These statements are binding upon the principal, irrespective of whether the principal has actual ...

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Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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