In what way are an agent's actual authority and an agent's apparent authority similar?

Question

Quizplus · Accepted Answer

Both actual authority and apparent authority bind the principal. Actual authority is the authority that the principal expressly or impliedly grants to the agent, while apparent authority is the authority that the principal leads third parties to believe that the agent has. In either case, the principal is bound by the agent's actions within the scope of the agent's authority.

In What Way Are an Agent's Actual Authority and an Agent's