The general rule is that, in the absence of authority from the board of directors, no person, not even its officers, can validly bind a corporation. However, just as a natural person may authorize ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

A rail company that sold railcars to an individual supposedly acting on behalf of another company can’t sue the other company for breach of contract – even though the individual used that company’s ...

Contractors are well aware that they cannot rely on the apparent authority of government officials. Under Federal Crop Ins. Corp. v. Merrill, 332 U.S. 380 (1947), only an authorized contracting ...

A lawyer's apparent authority in negotiating on behalf of a client is not enough for a court to enforce the product of those talks, the state Supreme Court has ruled. A lawyer's "apparent authority" ...

A recent decision out of the Armed Services Board of Contract Appeals serves as a useful reminder that the rules regarding apparent authority in contracting apply differently to government employees ...

POP 1: These decisions establish that a hospital is liable for negligence of certain physicians, even though they are not paid employees of the hospital. POP 2: A hospital will be deemed to have held ...