Business Terms and Jargon Explained

What is Warranty of Authority

This is where there is a contract of agency. It is a promise to whomever the agent enters into contracts with that the agent has the authority to do so. This means that the agent is not liable in law for the contracts to the third party. In the absence of a warranty of authority then the person who held themselves out to be the agent will be liable.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Legal Services Ombudsman Adultery - Legal NDD
Peel the onion NAIRU Alternative investment
Political equity Interpreter Fixed Assets
List Price SaaS Patent Pools
Quaere Res JASDAQ
Prorogation Complaint Boil the ocean
subscription privilege AKA Shekel
DBS check Due date N244 Civil Court form
Materiality Som Core Competencies
Sub-soil assets GTC Financial Capital
General Partnership Institutional Unit Adware
Commission Fill or kill Deflation
Money Supply Philanthropy Bank Reconciliation

Term created / updated 2005-10-07 23:28:43

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.