Assertion: actual authority | /r/CapableOf | manage the business of the company
Facets:
Source sentences:
text: a representation that the agent had authority to enter on behalf of the company into a contract of the kind sought to be enforced was made to the contractor; such a representation was made by a person or persons who has 'actual' authority to manage the business of the company, either generally or in respect of those matters to which the contract relates; the contractor was induced by such representation to enter into the contract, i.e. that he in fact relied upon it; and under its memorandum or articles of association the company was not deprived of the capacity either to enter into a contract of the kind sought to be enforced or to delegate authority to enter into a contract of that kind to an agent.