Implied Authority definition: Copy, customize, and use instantly
Introduction
The term "Implied Authority" refers to the power or rights that an agent or representative has, even if they are not explicitly stated in a contract. It arises from the nature of the relationship between the parties and the necessity for the agent to perform their duties.
Below are various examples of how "Implied Authority" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Implied Authority" as inherent power
This definition ties "Implied Authority" to the inherent power granted to an agent to perform actions necessary to fulfill their duties, even if not expressly authorized.
"Implied Authority" means the power of an agent to act in ways necessary or incidental to the discharge of their duties, even if such actions are not specifically authorized by the principal.
Definition of "Implied Authority" in business transactions
This definition connects "Implied Authority" to business transactions, where an agent may act on behalf of the principal without express authorization in certain situations.
"Implied Authority" refers to the authority that an agent possesses to perform acts required for the completion of business transactions, even if those acts are not specifically authorized in writing by the principal.
Definition of "Implied Authority" in the context of agency relationships
This definition links "Implied Authority" to the agency relationship, where the agent can take actions that are customary or necessary to perform their responsibilities.
"Implied Authority" means the authority an agent has to take actions that are customary or necessary for fulfilling their role as an agent, even if not explicitly defined in the agreement.
Definition of "Implied Authority" in employment
This definition applies "Implied Authority" to employment relationships, where employees are empowered to take certain actions necessary for their job, even without specific instructions.
"Implied Authority" refers to the authority of an employee to take actions in the course of their employment that are necessary for performing their duties, even if not directly authorized by their employer.
Definition of "Implied Authority" in contract law
This definition ties "Implied Authority" to contract law, ensuring agents can act within the scope of their authority, even if the actions are not explicitly stated in the contract.
"Implied Authority" means the ability of an agent to act in accordance with the reasonable expectations of the principal based on the nature of the agreement, even when such actions are not specifically outlined.
Definition of "Implied Authority" in commercial agreements
This definition connects "Implied Authority" to commercial agreements, where parties may rely on an agent's implied authority to act in the best interests of the agreement.
"Implied Authority" refers to the implied power given to an agent in a commercial agreement, allowing them to take actions necessary to protect the interests of the parties involved, even if those actions are not explicitly mentioned.
Definition of "Implied Authority" in real estate transactions
This definition links "Implied Authority" to real estate transactions, where a real estate agent can make decisions on behalf of their clients without direct instruction.
"Implied Authority" means the authority of a real estate agent to perform actions, such as negotiating or signing agreements, that are necessary to complete a real estate transaction, even if not specifically authorized by the client.
Definition of "Implied Authority" in financial transactions
This definition applies "Implied Authority" to financial transactions, where agents or brokers are empowered to act on behalf of their clients in certain financial dealings.
"Implied Authority" refers to the authority that financial agents, such as brokers or advisors, have to make decisions or take actions on behalf of their clients, as necessary to complete financial transactions, even if not explicitly stated.
Definition of "Implied Authority" in the context of partnerships
This definition ties "Implied Authority" to partnerships, where one partner can act on behalf of the partnership even without express authorization for each action.
"Implied Authority" means the power of a partner in a partnership to take actions that are reasonably necessary for carrying on the business of the partnership, even if those actions are not explicitly authorized.
Definition of "Implied Authority" in franchise agreements
This definition connects "Implied Authority" to franchise agreements, where franchisees may have the implied authority to make certain business decisions for their franchise.
"Implied Authority" refers to the authority that a franchisee has, under a franchise agreement, to make decisions or take actions necessary to operate the franchise, even if those actions are not specifically listed in the contract.
Definition of "Implied Authority" in the context of corporate governance
This definition links "Implied Authority" to corporate governance, where officers and directors can make decisions that are within the scope of their role, even without explicit approval.
"Implied Authority" means the authority given to corporate officers and directors to act in a way that is necessary for managing the corporation's business, even if the specific action is not explicitly approved by the board.
Definition of "Implied Authority" in legal representation
This definition applies "Implied Authority" to legal representation, where an attorney can take certain steps necessary to represent a client, even without specific instructions for each step.
"Implied Authority" refers to the authority granted to an attorney to take actions necessary for representing a client in legal matters, including actions that may not be explicitly instructed by the client.
Definition of "Implied Authority" in construction contracts
This definition ties "Implied Authority" to construction contracts, where contractors and subcontractors may take necessary actions on behalf of the property owner.
"Implied Authority" means the authority of contractors or subcontractors to take actions on behalf of the property owner that are necessary for completing a construction project, even if not directly authorized in the contract.
Definition of "Implied Authority" in the context of trade agreements
This definition connects "Implied Authority" to trade agreements, where representatives can negotiate or enter into agreements on behalf of the parties involved.
"Implied Authority" refers to the authority granted to representatives in trade agreements to act in ways that are necessary for negotiating terms or entering into contracts, even if not specifically outlined in the agreement.
Definition of "Implied Authority" in the context of agency law
This definition links "Implied Authority" to agency law, ensuring that agents have the power to act in ways that are necessary and customary for carrying out their duties.
"Implied Authority" means the power that an agent possesses under agency law to take actions that are necessary and customary for performing their duties on behalf of the principal.
Definition of "Implied Authority" in the context of employment law
This definition ties "Implied Authority" to employment law, ensuring that an employee can take certain actions necessary for carrying out their job duties.
"Implied Authority" means the power of an employee to take actions necessary for fulfilling their job responsibilities, even if those actions are not expressly authorized by the employer.
Definition of "Implied Authority" in the context of agency relationships
This definition links "Implied Authority" to the general agency relationship, where agents have the authority to act on behalf of their principals.
"Implied Authority" refers to the power given to an agent to act in accordance with the scope of their agency, including actions that are necessary and customary to accomplish the tasks delegated by the principal.
Definition of "Implied Authority" in the context of corporate transactions
This definition connects "Implied Authority" to corporate transactions, ensuring that corporate officers have the authority to take certain actions on behalf of the company.
"Implied Authority" means the authority of corporate officers to act in the course of executing corporate transactions, including acts that are not explicitly authorized but are necessary to carry out business.
Definition of "Implied Authority" in mergers and acquisitions
This definition ties "Implied Authority" to mergers and acquisitions, ensuring that executives can make decisions that support the transaction process.
"Implied Authority" refers to the authority granted to executives or agents involved in mergers and acquisitions to take actions necessary to finalize the transaction, even if not specifically instructed in writing.
Definition of "Implied Authority" in contractual performance
This definition links "Implied Authority" to the performance of contractual obligations, ensuring that agents or employees can act in ways that are necessary to fulfill the terms of a contract.
"Implied Authority" means the power of an agent or employee to perform actions that are necessary to fulfill the obligations of a contract, even if those actions are not explicitly defined within the contract.
Definition of "Implied Authority" in government contracts
This definition connects "Implied Authority" to government contracts, ensuring that government employees or contractors can act to complete the tasks defined in the contract.
"Implied Authority" refers to the authority of government employees or contractors to act in ways necessary for the performance of government contracts, even if such actions are not explicitly detailed.
Definition of "Implied Authority" in international agreements
This definition ties "Implied Authority" to international agreements, ensuring that diplomats or representatives have the authority to act in line with the expectations of the agreement.
"Implied Authority" means the authority granted to diplomats or representatives to take actions necessary for fulfilling the terms of an international agreement, even if those actions are not explicitly outlined.
Definition of "Implied Authority" in commercial real estate
This definition links "Implied Authority" to commercial real estate transactions, where brokers or agents have the authority to finalize deals on behalf of clients.
"Implied Authority" refers to the authority granted to real estate brokers or agents to act in matters related to commercial real estate transactions, including actions that are necessary to complete deals but not explicitly authorized in writing.
Definition of "Implied Authority" in agency agreements
This definition applies "Implied Authority" to agency agreements, ensuring that agents can act to protect the interests of the principal.
"Implied Authority" means the power granted to agents under agency agreements to perform acts necessary to protect the interests of the principal, even if not expressly authorized.
Definition of "Implied Authority" in franchising
This definition ties "Implied Authority" to franchising agreements, ensuring that franchisees have the authority to make decisions that are within the scope of their franchise operations.
"Implied Authority" refers to the authority of franchisees to make decisions necessary to operate the franchise, even if such decisions are not specifically mentioned in the franchising agreement.
Definition of "Implied Authority" in the context of product distribution
This definition connects "Implied Authority" to product distribution agreements, where distributors have the authority to act on behalf of the manufacturer or principal.
"Implied Authority" means the power of a distributor to take necessary actions to fulfill the terms of a product distribution agreement, including actions not expressly authorized but required to complete the distribution process.
Definition of "Implied Authority" in non-profit organizations
This definition links "Implied Authority" to non-profit organizations, ensuring that agents or employees can act in the organization’s best interest.
"Implied Authority" refers to the authority given to agents or employees of non-profit organizations to take actions necessary to further the organization’s mission, even if not specifically authorized in the organization’s bylaws.
Definition of "Implied Authority" in legal settlements
This definition ties "Implied Authority" to legal settlements, ensuring that attorneys can take necessary actions to finalize a settlement agreement.
"Implied Authority" means the authority of an attorney to take actions necessary to finalize a legal settlement, even if not explicitly stated in the client’s instructions.
Definition of "Implied Authority" in vendor agreements
This definition connects "Implied Authority" to vendor agreements, ensuring that vendors can make decisions within the scope of their agreements.
"Implied Authority" refers to the authority of vendors to take actions necessary for fulfilling the terms of vendor agreements, even if not specifically authorized by the contracting party.
Definition of "Implied Authority" in import/export agreements
This definition links "Implied Authority" to import/export agreements, ensuring that agents have the authority to act in matters of international trade.
"Implied Authority" means the authority granted to agents in import/export agreements to take actions necessary to ensure compliance with trade regulations, even if not specifically authorized in the agreement.
Definition of "Implied Authority" in insurance contracts
This definition connects "Implied Authority" to insurance contracts, ensuring that insurance agents can act within the scope of the contract to fulfill obligations.
"Implied Authority" refers to the authority of insurance agents to take actions necessary to fulfill the terms of an insurance policy or contract, even if not explicitly outlined.
Definition of "Implied Authority" in construction management
This definition ties "Implied Authority" to construction management, ensuring that project managers or contractors can make decisions necessary for completing the project.
"Implied Authority" means the authority of a project manager or contractor to make decisions necessary for completing a construction project, even if those decisions are not explicitly stated in the contract.
Definition of "Implied Authority" in the context of employee benefits
This definition links "Implied Authority" to employee benefits, ensuring that agents or representatives have the authority to make decisions related to benefits on behalf of the employer or employee.
"Implied Authority" refers to the authority given to representatives to make decisions or take actions necessary for managing employee benefits, even if not explicitly stated in the employee’s contract.
Definition of "Implied Authority" in joint ventures
This definition applies "Implied Authority" to joint venture agreements, ensuring that partners have the power to take necessary actions for the success of the venture.
"Implied Authority" means the authority granted to partners in a joint venture to take actions necessary for the operation and success of the venture, even if not expressly authorized by the agreement.
Definition of "Implied Authority" in the context of cooperative agreements
This definition ties "Implied Authority" to cooperative agreements, ensuring that parties to the agreement can act in ways that advance the cooperative goals.
"Implied Authority" refers to the authority given to the parties in a cooperative agreement to take necessary actions for fulfilling the terms and advancing the goals of the agreement, even if those actions are not specifically authorized.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.