Examlex
You have recently been promoted to a managerial position. One of your new peers comments, "Sometimes you just have to ignore unacceptable behavior of your employees. That way, it just goes away all by itself." Based on the text, you should believe this is good advice.
Actual Authority
The explicit power granted to an agent by a principal, either through oral or written agreement, allowing the agent to act on the principal's behalf.
Express Authority
Authorization granted to an agent in clear, direct, and definite terms by the principal.
Implied Authority
Authority not expressly granted but assumed to be given due to the nature of a job or position.
Apparent Authority
A form of authority that an agent seems to have because of actions or representations made by the principal, leading third parties to reasonably believe the agent is authorized.
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