When express authority is granted for an agent to enter into a contract that is legally required to be in writing, most states require the grant of authority also to be in writing. This requirement is known as the equitable parity rule.

Question

Social Studies

Suzan

18 July, 02:44

When express authority is granted for an agent to enter into a contract that is legally required to be in writing, most states require the grant of authority also to be in writing. This requirement is known as the equitable parity rule.

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Answers (1)

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Victoria Parks · Answer 1

Answer: Equal Dignity Rule

Explanation:

Equal Dignity Rule is a legal document that enables an agent perform all acts as given permission by a principal. When the principal allows someone to act on their behalf.

An agent can perform those acts only if the agent's authority is set forth in writing.