The decision in Australia and New Zealand Bank Ltd v Ateliers de Constructions [1967] 1 AC 86 was that the bank had authority to negotiate the cheques payable to Ateliers into the agent's account. This is an example of:

Question

Quizplus · Accepted Answer

The decision in Australia and New Zealand Bank Ltd v Ateliers de Constructions [1967] 1 AC 86 is an example of implied actual authority. Implied actual authority is authority that is not expressly given but can be inferred from the circumstances of the case. In this case, the bank had implied actual authority to negotiate the cheques into the agent's account because this was a usual and normal practice in the course of the agent's business.

The Decision in Australia and New Zealand Bank Ltd V