Which of the following is NOT a type of authority that agents can possess?

Prepare for the Agent Roles and Obligations in Maryland Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The correct response indicates that "temporary authority" is not recognized as a distinct type of authority that agents can possess. Instead, authority often falls into established categories such as express authority, implied authority, and apparent authority.

Express authority refers to the specific powers granted to an agent, generally articulated in written or spoken terms by the principal. This authority is clearly defined and gives the agent the ability to perform certain tasks or make decisions on behalf of the principal.

Implied authority arises from the actions or circumstances surrounding the agent's role, allowing them to perform tasks that are reasonably necessary to fulfill their express authority. It enables agents to act in ways that are typical for someone in their position, even if not explicitly stated by the principal.

Apparent authority occurs when a principal creates the impression to third parties that an agent has authority, thereby binding the principal to the agent’s actions with those third parties, despite any limitations that may exist internally between the principal and agent.

While "temporary authority" might be used informally in practice, it does not fit the established framework of agent authorities recognized in typical agency law. Understanding these distinctions is essential for grasping the legal powers and limitations of agents in Maryland and elsewhere.

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