An agent possesses the implied authority to do whatever is reasonably necessary to accomplish the objectives of the agency.

Name: An agent possesses the implied authority to do whatever is reasonably necessary to accomplish the objectives of the agency.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Implied authority allows an agent to take actions that are reasonably necessary to achieve the objectives of the agency, even if they are not explicitly stated in the agency agreement.

An Agent Possesses the Implied Authority to Do Whatever Is