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Company's Relation with Outsiders (Where Co denies it is bound by the…

- - - - Implied
        
        by implication from things principal says or does: certain position, job description. different officer level has different implied actual authority:
        
        Chairperson: same as director acting alone
        
        Company Secretary: Admin matters only
        
        director acting alone NO IMPLIED ACTUAL AUTHORITY to bind the company
        
        Other executive officer: IAA for things usual to their job
        
        CEO: All things fall within the scope of the office
        
        From Conduct (Acquiscence)
        
        sb. do CEO type things so will probably have the implied actual authority (IAA) (de facto)
        
        When sb is purporting to represent the co. co knows but does nothing to stop
      - Express
        
        198(A)
        
        S.198(D): delegation( this is used as a defense at the time of duty of care (see week 11 for details p.3 slides
    - - by someone who has actual authority
      - on which outsider relied
      - Sb holding out to be ( or rep.) by words or conduct
- - - - EXCEPTION:
        
        Actual Knoweldge: online purchase you should know before going through
        
        Put on Inquiry: reasonable do so. reasonable Suspicious