Examlex
The finalized registration statement for new securities approved by the SEC is called
Apparent Authority
A doctrine in agency law whereby a principal is liable for the actions of an agent, as the agent appears to third parties to have the authority to act on behalf of the principal.
Express Authorization
Express authorization is a clear and direct granting of permission or power to act, often specified in writing, that delineates the scope and terms under which actions may be taken.
Consideration
The value (such as money, services, or goods) exchanged between parties in a contract, making the agreement legally binding.
Apparent Authority
The impression given by a principal to a third party that an agent has the authority to act on the principal’s behalf.
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