Scope of authority for an agent is the extent to which an agent has the authority to act for and represent the principal.

Question

Quizplus · Accepted Answer

Scope of authority refers to how much decision-making power an agent has been given by the principal to act on their behalf. It determines the limits of the agent's power and the extent to which they can make legally binding decisions on behalf of the principal.

Scope of Authority for an Agent Is the Extent to Which