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Question
To bind the firm under implied authority, the act must be done in the _____________.
To bind the firm under implied authority, the act must be done in the _____________.
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Solution
The correct option is D Usual Way
To bind the firm under implied authority, the act must be done in the usual way. Implied authority can be referred to an agent with the jurisdiction to perform acts which are reasonably necessary to accomplish the purpose of an organization. Under contract law, implied authority figures have the ability to make a legally binding contract on behalf of another person or company.
To bind the firm under implied authority, the act must be done in the usual way. Implied authority can be referred to an agent with the jurisdiction to perform acts which are reasonably necessary to accomplish the purpose of an organization. Under contract law, implied authority figures have the ability to make a legally binding contract on behalf of another person or company.
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