Implied Authority

Definition

Implied Authority of Contract is a legal term. In contract law, it is the implied ability of an individual to make a legally binding contract on behalf of an organization, by way of uniform or interaction with the public on behalf of that organization. When a person is wearing a uniform or nametag bearing the logo or trademark of a business or organization; or if that person is functioning in an obviously authorized capacity on behalf of a business or organization, that person carries an Implied Authority of Contract. Implied Authority is authority that is not express or written into the contract, but which the agent is assumed to have in order to transact the business of insurance for the principal. Implied authority is incidental to express authority since not every single detail of an agent’s authority can be spelled out in the written contract.


Implied Authority

What is ‘Implied Authority’

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.

Explaining ‘Implied Authority’

An agent of an insurance company can be given the authority to solicit applications for life insurance on behalf of the insurer. When the insurer gives the agent that express authority, it also gives the agent the implied authority to telephone prospects on its behalf to arrange sales appointments.

Further Reading

Port administrative structure change worldwide: Its implication for restructuring port authorities in TaiwanPort administrative structure change worldwide: Its implication for restructuring port authorities in Taiwan
www.tandfonline.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

Economic and financial crime commission (efcc) and political corruption: Implication for the consolidation of democracy in NigeriaEconomic and financial crime commission (efcc) and political corruption: Implication for the consolidation of democracy in Nigeria
www.tandfonline.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

China's free trade zones: Regulatory innovation, legal assessment and economic implicationChina's free trade zones: Regulatory innovation, legal assessment and economic implication
www.tandfonline.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

Financial deepening dynamics and implication for financial policy coordination in a monetary union: The case of WAEMUFinancial deepening dynamics and implication for financial policy coordination in a monetary union: The case of WAEMU
papers.ssrn.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

Fair value accounting, financial economics and the transformation of reliabilityFair value accounting, financial economics and the transformation of reliability
www.tandfonline.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

Shanghai as an International Financial Center-Aspiration, Reality and ImplicationShanghai as an International Financial Center-Aspiration, Reality and Implication
digitalcommons.iwu.edu [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

An aproach of local financial autonomy and implication over sustainable development in the knowledge societyAn aproach of local financial autonomy and implication over sustainable development in the knowledge society
www.ceeol.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …

Federal use of implied guarantees: Some preliminary lessons from the current financial distressFederal use of implied guarantees: Some preliminary lessons from the current financial distress
onlinelibrary.wiley.com [PDF]… These examples imply that the regulatory function has been separated from port functions … duties assigned by the government, eg, the Port of Rotterdam Authority, Australian port … Port Administrative Structure Change Worldwide: Its Implication for Restructuring Port Authorities in …