Share this site with del.icio.us Share this site with furl Share this site with stumbleupon Share this site with google Add this site to Yahoo Bookmarks Click here to add us to your favorites Subscribe to our Feed





breach of warranty of authority

Definition

Creating an impression of agency where no such relationship exists. An agent who enters into a contract with a third party (for and on behalf of a principal) by implication warrants that he or she has the authority to do so. If this is not the case, the third party has the right to sue the agent for breach of warranty of authority.


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z