apparent authority - Business Definition
The American Heritage® Dictionary of Business Terms Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Responsibility of a principal when a third party has reason to believe that an agent of the principal has authority to bind the principal. For example, a customer (third party) may believe that a salesperson (agent) has the authority to quote a price that commits his employer (principal).
apparent authority - Legal Definition
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.