LAWS1100 Study Guide - Final Guide: Buckhurst Park, Sussex, Independent Contractor, Company Secretary
Document Summary
An actual authority is a legal relationship between principal and agent created by a consensual agreement to which they alone are parties. Arises out from an agreement between the principle and the agent. The general nature and effect of the actual authority of an agent was explained by dipllock. Express agencies may be created by: deed ( power of attorney ), other writing, orally (just like any other contract unless statute dictates otherwise). State the precise scope of: clearly state the duration of the agent"s appointment. the agent"s authority, outline their entitlement to any commission or payment. Whenever an agent is expressly authorised, there is a grant of implied authority to do all things necessarily incidental to carrying out the principal"s express instructions. A third party is coming to of appearance. the situation blind, they don"t know what is happening between the agent and principal. It"s how the agent authority appears in front of the 3rd party.
