Examlex
Using block grants to return power to the states was part of ________ during the Nixon
(1969-1974) and Reagan (1981-1989) administrations.
Agents
Individuals or entities authorized to act on behalf of another person or entity, known as the principal, in legal or business matters.
Expressed Agency
A relationship where the agent's authority to act on behalf of the principal is explicitly stated in a contract or agreement.
Implied Agency
A relationship formed by the actions of the parties that indicates an agency relationship, even without a formal agreement.
Apparent Agency
An agency relationship created by operation of law when one party, by her actions, causes a third party to believe someone is her agent even though that person actually has no authority to act as her agent. Also called agency by estoppel.
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