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Express nd apparent authority

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Express nd apparent authority

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • August 7, 2015 at 1:25 pm #266068
    Green Activist
    Member
    • Topics: 22
    • Replies: 18
    • ☆

    Sir what is the difference between Express nd apparent authority of an agent in agency law??

    August 7, 2015 at 6:42 pm #266124
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    Express is wye the agents authority is given to him / her by the principal.

    Apparent (ostensible) is where the agent has authority because of their position, or by estoppel, or out of necessity. The principal doesn’t say “I appoint you as my agent” The principal, for example, appoints a person as a manager of a hotel owned by the principal. That manager would seem to have authority ….. would apparently have authority

    Ok?

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