Based on Esteban’s conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban’s behalf even though Glyni

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3 years ago

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Based on Esteban’s conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban’s behalf even though Glyni

s does not have the actual authority to do so. Floyd makes a payment to Glynis for Esteban. Glynis keeps the money and disappears. Esteban

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1 answer:

german · Answer 1 · 2021-12-21T06:45:47+03:00

Answer:

may be estopped from denying that Glynis had authority.

Explanation:

In this case, Glynis apparently had the authority to collect Esteban's money, since his conduct made other people believe that.

Apparent authority is defined as a situation where a reasonable person (Floyd) will believe that the agent (Glynis) has authority to act on behalf of the principal (Esteban). If such a situation exists, then the principal is bound by the agent's actions.