Examlex
Match the following terms with the correct descriptions.
-These cells contain hemoglobin and iron.
Apparent Authority
A situation in which a reasonable third party would understand that an agent had authority to act, even if the agent did not have actual authority.
Express Agency
A type of agency relationship explicitly agreed upon by the principal and agent, either orally or in writing.
Implied Agency
A type of agency relationship created by actions of the parties involved rather than a written agreement, suggesting that one party agrees to act on behalf of another.
Duty of Notification
The obligation to inform or update relevant parties about important information or changes.
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