Identify/define and Explain the Significance of the Following: Danelaw

question 50

Short Answer

Identify/define and explain the significance of the following: Danelaw.

---

Definitions:

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.

Contract

A legally binding agreement between two or more parties that creates mutual obligations enforceable by law.

Implied Authority

The power of an agent to act on behalf of a principal, derived from the actions, words, or conduct of the principal rather than from an explicit written or spoken agreement.

Express Authority

Authority explicitly granted by a principal to an agent to perform specific acts or functions on the principal's behalf.