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 ?
Form 2848, which a taxpayer uses to designate an eligible person to represent the taxpayer before the IRS, informs the IRS of the scope of authority between the taxpayer and the representative.
Law defining the lawyer's scope of authority in litigation varies among jurisdictions.
The experts discussed in details the best practices of promoting investments, the competitiveness of the field, the national strategy of foreign investments, the role and scope of authority of state institutions in promoting investments, the process of increasing the awareness and generating interest among the investors, as well as, the methods of converting that interest into a decision to make investment.
The new head of government, which is in addition a unity government, should especially avoid falling back into the status of prime minister that would undermine all his scope of authority, placing him under the supervision of the Head of State to whom he owes his appointment.
Not surprisingly, some of the PTO's actions in implementing the IPR proceeding were highly controversial and arguably outside of the scope of authority granted by Congress.
The Central Bank's scope of authority both in the Monetary and Banking Law and in the Banking and Monetary Act of Iran issued on 27 May 1960 is subject, in many cases, to the supervision and approval of the Currency and Credit Council.
We believe that this is far outside their scope of authority.
In our opinion the removal of the colors and logos from packaging was not within the government's scope of authority.
Even though the 2010 referendum has not changed anything regarding the political system and scope of authority of the president, on Aug.
Aside from the Zoning Permit, a Building Permit was issued in favor of DMCI in 2012 to which, Flaminiano said, is tantamount to acting beyond the scope of authority, which could cause the former officials who issued the permit an administrative and even a criminal liability.
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.
We currently have a number of regulatory and legislative barriers that prevent RNs and APRNs from being able to practice to their legal scope of authority.