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An Agent's Implied Authority Is Always Considered Superior in Law,and

question 63

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An agent's implied authority is always considered superior in law,and thus can contradict principal's express statements.


Definitions:

Financialization

Financialization denotes the increasing dominance of financial markets, financial motives, financial institutions, and financial elites in the economy, shaping corporate and economic policies.

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, pension funds, and investment firms.

Financialization

The increasing dominance of financial markets, financial motives, financial institutions, and elites in the economy, influencing social and economic policies.

Governmental Sovereignty

The supreme power or authority that a government holds over its territory and population without interference from outside sources.

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