In this episode of the Journey to Attorney Podcast, we dive deep into the key concepts of actual and apparent authority in agency law, which are crucial for determining principal and agent liability. Learn about the nuances of express and implied authority, as well as the significance of industry customs and past practices. We also break down real-life examples to illustrate these principles and explain how they apply to different scenarios, including disclosed, partially disclosed, and undisclosed principals. This insightful episode is essential listening for anyone preparing for the bar exam or wanting a clearer understanding of agency law.

00:00 Introduction to Agency Law

00:39 Understanding Actual Authority

01:28 Diving into Implied Authority

03:59 Exploring Apparent Authority

07:55 Principal's Liability and Authority Types

09:28 Recap and Key Points

10:54 Conclusion and Study Tips