What is the term for when a principal may be forced to be liable for an agent's actions to a third party based on a detrimental change in position of the third party and a reasonable belief that the agent was truly acting with the authority from the principal?

Question

Quizplus · Accepted Answer

Estoppel is when a person may be liable for an actor's transactions to a third party who justifiably is induced to make a detrimental change in position because he believed the actor had authority to act for the person.

What Is the Term for When a Principal May Be