Ostensible authority: Difference between revisions

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“What they eye don’t see, the chef gets away with.”  
“What they eye don’t see, the chef gets away with.”  
::---- Terry, the head cook at Fawlty Towers
::---- Terry, the head cook at ''Fawlty Towers''


So when your counterparty - a legal fiction, after all, a conceptualized bunch of papers filed at companies house - signs your carefully crafted contract, it — for it is an it — signs through the agency of an individual: perhaps an employee, a director or someone operating under a Power of Attorney.
So when your [[counterparty]] - a legal fiction, after all, a conceptualised bunch of papers filed at [[Companies House]] - signs your carefully crafted [[contract]], it — for it is an {{sex|it}} — signs through the [[agency]] of an individual: perhaps an [[employee]], a director or someone operating under a [[power of attorney]].


How can one be sure that a person who ''says'' they have such an authority ''really'' has it?
How can one be sure that a person who ''says'' they have such an authority ''really'' has it?


How indeed.
{{Agencydisclosurescenarios}}
{{Agencydisclosurescenarios}}
{{seealso}}
{{sa}}
*[[capacity and authority]]
*[[capacity and authority]]
*[[agent]]
*[[agent]]
*[[principal]]
*[[principal]]

Latest revision as of 13:29, 14 August 2024

“What they eye don’t see, the chef gets away with.”

---- Terry, the head cook at Fawlty Towers

So when your counterparty - a legal fiction, after all, a conceptualised bunch of papers filed at Companies House - signs your carefully crafted contract, it — for it is an it — signs through the agency of an individual: perhaps an employee, a director or someone operating under a power of attorney.

How can one be sure that a person who says they have such an authority really has it?

How indeed.

Possible agency scenarios

Here are the possible “undisclosed agency” scenarios at the time of contract:

See also