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lies and trust

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Apparent authority can help streamline decision-making and foster efficient operations by allowing individuals to act on behalf of a company without requiring explicit authorization for every action. However, this can also lead to misunderstandings or abuse of power if not clearly defined, potentially resulting in legal liabilities for the company. Clarity in roles and responsibilities is crucial to ensure that apparent authority is wielded appropriately.

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Q: What are the pros and cons of apparent authority in the business world?
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