An implied warranty arises when a person purports to act as an agent for a principal.

Name: An implied warranty arises when a person purports to act as an agent for a principal.
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An implied warranty of authority arises when a person purports to act as an agent for a principal, which means they are assumed to have the authority to act on behalf of the principal even if it has not been explicitly stated. This type of warranty can protect third parties who rely on the agent's apparent authority.

An Implied Warranty Arises When a Person Purports to Act