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First-class question, too one that i have probed into for the past several months. Some privy people can really declare that one had best take heed when asking questions resembling these.

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15y ago

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What is the difference between agent in authority from person in authority?

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What is the apparent authority of an insurance agent?

Apparent authority is a legal concept pursuant to which an agent can be found to have bound a principal (master) despite not having the actual authority to do so. If the principal gives to the agent certain indicia of authority (for example, business cards, a title, etc) that would lead a reasonable person to believe that the agent has the authority to bind the principal, and the principal did nothing to countermand it, the principal may be bound by the acts of the agent. This theory, put into the context of an insurer/insurance agent, is what is meant by the term.


Where can I get information on a commercial agent?

To get a commercial agent, you may want to find one through www.monster.com. It will give you a list of everyone in that field that you are looking for.


Liabilities of an agent principal and third party in an agency relationship?

In an agency relationship, the principal is liable for obligations incurred by the agent within the scope of their authority. The agent, in turn, is liable to the principal for any unauthorized actions or breaches of duty. Third parties can hold the principal accountable for the agent's actions if they were acting within their authority; however, if the agent exceeds their authority, they may be personally liable to the third party. Overall, liability depends on the actions taken by the agent and the extent of the authority granted by the principal.


What authority regulates the practice of medicine?

The medical practice act


Can a repo comp request a criminal warrant for a car?

The repossession agent is not a law enforcement agent, and has no such authority.


When an agent negotiates a contract on behalf of the principal the liability of the principal will depend on if?

the agent acted within the scope of their authority. If the agent has actual or apparent authority to negotiate and bind the principal, the principal will be liable for the contract. Conversely, if the agent exceeded their authority or acted outside the agreed-upon terms, the principal may not be bound by the contract. Additionally, the nature of the agent's actions and the principal's knowledge of those actions can also affect liability.


In a society based on rational-legal authority leaders derive their authority from?

custom and accepted practice


What are the duties of a commercial real estate agent?

A commercial real estate agent assists clients in buying, selling, leasing, or managing commercial properties. The responsibilities of a real estate agent include market research, analyzing property values, preparing marketing materials, negotiating contracts, and guiding clients through complex deals.


Who is the latina agent in the state farm commercial?

Yvonne Solis


Who has authority on commercial airplanes?

Only the captain,his word is LAW


How does one get a job in commercial real estate research?

Researching commercial real estate is usually part of the job of a real estate agent. So if you are a real estate agent you most likely need to be have knowledge of researching commercial properties.