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NeTakaya
3 years ago
13

_____ arises either when the parties in an agency relationship expressly agree to create the relationship or when the authority

is implied based on custom or course of past dealings.
Business
1 answer:
Deffense [45]3 years ago
3 0

Answer:

Actual authority

Explanation:

<u>Actual authority</u> arises either when the parties in an agency relationship expressly agree to create the relationship or when the authority is implied based on custom or course of past dealings.

Actual authority is refered as specific power that is conferred or granted by a principal to an agent or subordinate as an act of empowerment, which help agent to perform certain task on behalf of principal.

Actual authority have sub types:

  • Express authority.
  • Implied authority.

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