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Unauthorized Contract
An agreement that lacks the approval or authority from the necessary or legally required parties.
Implied Authority
Authority of an agent that is not explicitly stated but is assumed to be granted in order to perform duties related to a job or position.
Express Authority
Authority expressly given to an agent or representative, defined explicitly in words or writing.
Apparent Authority
a situation where a person appears to have the authority to act for another, leading a reasonable third party to believe that authority exists.
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