scope of authority

scope of authority

The boundaries of an agent's ability to take actions in furtherance of the objectives of the agent's principal,or client.Those same boundaries will also impose liability on the principal if the agent does something wrongful,without knowledge or approval by the principal,but within the scope of the agent's authority.(1) In most states,a purchaser of real estate must take steps to determine the scope of the agent's authority to bind its client-seller; otherwise the purchaser deals with the agent at its own peril.(2) The owner of real estate may be liable if its sales or leasing agent engages in discriminatory or other wrongful conduct that is within the scope of the agent's authority. (3) The owner of real estate may be liable if the agent fails to disclose unsafe conditions known to the seller and the agent,but concealed by the agent from the buyer.

References in periodicals archive ?
The subject of public procurement can also be a proportional part of the operating lease space kitchen and dining facilities and other assets within the scope of authority of the contracting entity unused capacity, for the purpose of the restaurant business.
Even though the 2010 referendum has not changed anything regarding the political system and scope of authority of the president, on Aug.
Our seats are not about gains but about honouring our oath and its associated responsibilities, which need our faithful and hard work to realise the citizens' aspirations, while adhering to the Council's rules, regulations and scope of authority," Shafi said.
The scope of authority and powers to be entrusted to Arslan would be decided later on, while sources claim that he has been appointed to the post over special considerations of topmost governmental authority , despite Arsalan's zero track record of any kind of investment experience; nor he has any credible links with any international entrepreneurs for that reason.
The Hungarian Minister also underlined at the meeting that, in accordance with European practice, the Hungarian Government cannot interfere with the enforcement of a European arrest warrant, as this lies within the sole scope of authority of the court.
The hospital board of governors will have oversight of training requirements and scope of authority.
He said the move comes within his scope of authority and doesn't need board approval.
Both the CPM Code of Ethics (Article 6) and the AMO Code (Article 2) highlight and reinforce the critical importance of establishing your scope of authority, duties and responsibilities, documenting these precisely and then managing prudently and skillfully within the parameters of the management and related service contracts.
There is discipline among the fighters who don't exceed the scope of authority," Zabuli said.
FIO's scope of authority is strictly limited by the law creating it which clearly states, "Nothing.
In business, you can enjoy the comfort of being on a team and agreeing on your role and scope of authority.
THE APPOINTMENT MUST INCLUDE THE SCOPE Of AUTHORITY AND EXPIRATION DATE.