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In anticipation of going outside, Tara's dog started to wag his tail at the sound of the leash being picked up. Now Tara's dog has also started to wag his tail at the sound of the closet door being opened, where the leash is stored. The dog wagging his tail in response to the closet door being opened BEST exemplifies:
Implied Authority
The power of an agent to perform acts which are reasonably necessary to accomplish the purpose of an organization.
Express Authority
The power explicitly given to an agent or representative through a contract or agreement to perform certain actions.
Agent
An individual or entity authorized to act on behalf of another (the principal) in dealings with third parties.
Undisclosed Principal
A party in a contract whose identity is not revealed to the other party.
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