Schrödinger equation

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15.4.7 Apparent authority can come about the place an present agent exceeds his authority or where the individual was not an agent but appears to be one because of what the `principal´ stated or did. For instance, A may have been appointed to behave as P´s agent. The company is later terminated by P but A continues to behave as if he was P´s agent and enters into a contract with T who does not know concerning the termination of the company. P is nonetheless bound by A´s act. Another example is the place P never appointed A as P´s agent however P allows A to behave as if he have been, or leads T to consider that A is P´s agent. In such circumstances, P can be sure to T if T enters right into a transaction with A purportedly appearing on behalf of P throughout the scope of A´s apparent authority.

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