Authority that is conferred by the principal either verbally or in writing is an example of:

Question

Quizplus · Accepted Answer

Express actual authority is the authority conferred by the principal either verbally or in writing, and this fits the description given in the question. Implied actual authority, on the other hand, is inferred from the conduct and actions of the principal and the agent. Retrospective actual authority is the authority given after an action has been taken, and apparent or ostensible authority is the authority that a third party reasonably believes an agent has based on the principal's actions or words.

Authority That Is Conferred by the Principal Either Verbally or in Writing